"As they got $79.9M rev in the first quarter and they have...

"As they got $79.9M rev in the first quarter and they have hedged approx 850,000 bbl @ 70USD and 450,000 @ 90 USD things won't be quite as bad this year as some punters think."

They are roughly producing 800,000 bbls a quarter. So circa 3.2m pa.

850,ooo @ AUD$86 ($73.1m)
450,000 @ AUD$110 ($49.5m)
1.9m @ AUD$65 ($123.5m) - (TAPIS US$53: AUD/US .81)

Potential revenue FY15 $246m ($61.5m per quarter)

Average AUD$ price received per barrel = $76.87.

Still good money being made, especially on the $90 hedge. Gives them a good year for oil to recover...and still doing ok now at AUD$65 barrel.