AUSTRALIA

AWE on track for Waitsia

AWE has hit its 2015-16 guidance with production of five million barrels of oil equivalent and expects to maintain robust production for the year ahead with the imminent start-up of the Waitsia gas project in the Perth Basin set to help replace the recently sold Eagle Ford Shale oil.

AWE on track for Waitsia

Quarterly production was down 33% to 900,000boe in the wakes of the sale of the Sugarloaf project in the US, while sales were off just 4% of target, mainly due to the timing of liftings undertaken at the...

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