Andrew Blakely
Andrew Blakely
contract impact material moving news oil ongoing projects
The news should not have a material impact on (Woodside's) operations. Contract negotiations are an ongoing part of oil projects that are moving from exploration into development.
comprehend industry oil price remember saying
I am from the oil industry and remember when the price was $US10 (a barrel) in 1999 and everyone was saying its going to $US5 (a barrel) ... it was unbelievable to even comprehend a $US50 (a barrel) oil price.
below bit commentary figures higher market numbers oil positive prices seeing slightly taken
The figures were a little bit below my numbers but not a whole lot as I'd already taken out a bit on cyclone damage. We're seeing positive commentary on Pluto-3 well and what that encountered, and coupled with higher oil prices the market will probably look through this slightly disappointing result.