WPL 0.85% $22.81 woodside petroleum ltd

Ann: Half-Year 2018 Results and Briefing Pack, page-42

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  1. 4,960 Posts.
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    Hi Szaba, 

    I agree. Just to remind posters of the WPL pipeline and timing, it is really quite impressive.


    Wheatstone trains 1 and 2 are up and running - will deliver 13 mmboe by 2020

    Enfield is forecast to start in mid 2019 - will deliver 10 mmboe by 2020

    WPL have the projects in place to deliver production of 100 mmboe by 2020.


    But wait - there is more

    Senegal is forecast to be Ready for Start up (RFSU) by 2022

    Myanmar is forecast to RFSU by 2023

    Scarborough and Browse are progressing down the pipeline and are in Horizon 2 (2022 to 2026)


    BTW, page 27 of the investor Day briefing showed Clio/Acme as tie in opportunities.


    Also, with net debt at 15%, they have the balance sheet strength and cash flow to progress the current pipeline of started projects.


    Why wouldn't WPL be considered an excellent investment?


    HT1

 
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