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25/09/18
15:05
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Originally posted by Horsetrader1
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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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https://www.total.com/en/media/news/press-releases/myanmar-positive-appraisal-a6-block-disc
Total provided some info on Myanmar 2-3tcf. Total to take over operatorship of A6 for development. Probably a good thing really, WPL will have its hands full with other developments.
Woodside also has a media release, more technical information but no comment on volumes
https://woodsideannouncements.app.w...ee Htun-2 appraisal well offshore Myanmar.pdf
Total should release a presentation tonight (on strategy abd outlook) , will be intriguing to see if / how Myanmar features