BBY Investor Lunch Bruce Clement, Managing Director 4 February 2014
Agenda Highlights for 3 months to 31 December 2013 Perth Basin gaining momentum East Coast gas potential Sugarloaf drilling accelerates in 2014 New Zealand drilling campaign Ande Ande Lumut oil project Indonesia exploration…
Highlights for 3 months to 31 Dec 2013 PRODUCTION AND Quarterly production strong at 1.45 MMBOE OPERATIONS YTD production 3.0 MMBOE, up 28% on previous corresponding half year No recordable safety incidents or reportable…
Highlights for 3 months to 31 Dec 2013 DEVELOPMENT Accelerated drilling at Sugarloaf to deliver 100-110 gross wells in CY2014 Development expenditure down 7% to 23 million, quarter on quarter Pateke-4H development well (Tui permit)…
Perth Basin gaining momentum UNCONVENTIONAL GAS PLAY FAIRWAY 6
AWE leveraged to rising gas markets CGG Viking 2 acquiring La Substantial uncontracted domestic Bella 3D seismic survey gas position Industry experts expect the domestic gas price to rise sharply over the next 5- 10 years as demand…
Substantial east coast gas potential Lang Lang gas plant 8
Sugarloaf accelerates drilling in 2014 Sugarloaf AMI, Texas, USA 9
New Zealand drilling campaign Kan Tan IV offload in Admiralty Bay, New Zealand Kan Tan IV semi-submersible drilling rig 10
Ande Ande Lumut oil project 11
Indonesia appraisal & exploration 12
Looking ahead La Bella 3D Seismic acquired and processing underway NZ exploration and development drilling Sugarloaf accelerated development drilling Perth Basin exploration and appraisal drilling BassGas development drilling…
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