Delivering value and returns Andrew Mackenzie Chief Executive Officer 16 May 2017 Yandi
Value and returns are at the centre of everything we do Simple portfolio Distinctive enablers Shareholder value and Charter Values and Diversified commodities returns culture of connectivity Safety, productivity and Tier 1…
Disciplined and transparent capital allocation Our Capital Allocation Framework is embedded in every capital Operating Capital decision we make productivity productivity facilitates optimal balance between value accretive Net…
Delivery of our plans has increased base value Our actions have increased the base value1 of our operations over Our actions increased base value by over 17% at spot prices the past 12 months (Value at spot prices2) 17% at spot…
Broad suite of opportunities to deliver further gains Our plans offer the potential to grow base value by 50% Broad suite of opportunities offer 50% potential upside to current base value further cost reductions support 10% value…
Cost efficiencies Latent capacity Onshore US Growth projects Exploration Technology Cost efficiencies focused on further gains US11 billion productivity gains embedded from FY12 to FY16 Future cost efficiencies underpin significant…
Cost efficiencies Latent capacity Onshore US Growth projects Exploration Technology Latent capacity attractive returns, limited risk Latent capacity options among our most attractive opportunities Highly capital efficient latent…
Cost efficiencies Latent capacity Onshore US Growth projects Exploration Technology Onshore US value and flexibility Price and timing of entry were not optimal and initial pace of Incremental investment scenario at consensus…
Cost efficiencies Latent capacity Onshore US Growth projects Exploration Technology Growth projects timed for value and returns Rich opportunity set across commodities and time periods Strong pipeline of growth options aligned with…
Cost efficiencies Latent capacity Onshore US Growth projects Exploration Technology Exploration positive results reduces risk of future wells Highly prospective exploration program Significant exploration potential over the next…
Cost efficiencies Latent capacity Onshore US Growth projects Exploration Technology Technology lowers costs and unlocks resource We have a broad suite of technology initiatives to lower costs, Technology presents a significant…
Value and returns are at the centre of everything we do Our plans have delivered value and increased returns over the We expect our plans to drive significant improvement in returns past year (ROCE1, nominal %) 30 increased the base…