Ann: AWE's Asia Roadshow Presentation, page-44

I think AWE may instead want ORG share of bass gas. Why would AWE give up a production profile that is about to be recontracted at much higher prices

Btw - I note east coast gas spot prices have gone as a high as 10 per gigajoule, which means BPT 100 petajoule contracted gas agreement would be earning low 5s maybe even high 4s if current realised price is 6.25 as you suggest . I think AWE will prove very fortunate to re contract in late 17 and 18 for 18 and 19 production.

Gm you must hold a lot more BPT than AWE as your comments seem to be towards what would benefit BPT , even the way you dismiss the forgone upside of the fact that BPT has given away a lot of the gas upside by contracting 100 petajoules which is partly oil linked until 2023 which is likely to be the peak of gas prices.

Nothing wrong with BPT , but I think more to like with AWE at present