FAR 1.02% 48.5¢ far limited

Ann: Annual Report 2018, page-297

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  1. 531 Posts.
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    Can you justify how a delay to first oil would be worse for WPL?

    Keep in mind WPLs share of development costs are less than 2/3rds of last year's cash generated, total production will be less than 10% of WPL production, and WPL has far bigger and more significant projects on the go (Scarborough and Browse).

    For perspective, WPLs share of development costs to market cap for SNE is the equivalent of about US$8 million spend for FAR...

    Just the cooperate overheads for FAR make any delay worse economical for FAR than for WPL...
 
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