Its a 3 hr long webcast with another 15min to go to the morning...

Its a 3 hr long webcast with another 15min to go to the morning Tea break before they start the show again.
One can signup to Register & then listen to the conf call on their device.

Just 10 min for Analyst's Q&A !!

Focus is on finalising the Quadrant acquistion & then teeing off other projects. Debt management is the key.

Plan to establish a LNG sales hub with ENN in Singapore, should see an update by end of year on this.

Bayu Undan drilling going well for the JV using Noble Tom Prosser jack up rig.
Conservative estimate of 50k bopd for Dorado net, drill couple of wells next year. It's a good acq in WA which increases their footprint.

STO's operated oilfield in WA ceased production & the FPSO departed in July from the Mutineer-Exeter, Fletcher+Finucane cluster.

They should get another 4-6 years of Oil out of Quadrant's VanGogh, Coniston oilfields before production commences from Dorado. Overall 2P oil acquired 23 mmbbls out of 220 mmboe, i.e: 9 mmbbls net at VanGogh, Coniston & 14 mmbbls at BHP's Pyrenees oil cluster. So more the reason to focus on Dorado. Gamma ray log on slide 81 clearly shows the thick Caley oil sands at the crest of the structure, sothey need to drill downdip to suss out the continuity of the net oil bearing sands & do flowtests etc etc.  

QE acq added 19 mmboe to their 60 mmboe production & generates additional free cashflow.
Overall cost for acquiring 2P-220 mmboe reserves was USD 2150 mil which includes 388 mil net debt & 500mil advance received from Alcoa for the Gas sales.