Large acreage position in producing and emerging basins
- Uncontracted Gas Reserves
- East Coast gas shortage – rising gas prices
- 6 LNG trains - supply shortage
- Domestic gas shortage Qld/NSW
- North Coast gas shortage
- Northern Territory is Short of Domestic Gas
- Bayu-Undan reserves downgrade
- Wiso Basin acreage – now includes expanded McArthur Basin plays
- Georgina and Cooper Basin play exposure – ongoing and new drilling
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- Near Term Value Drivers
- Activity in frontier basins
- Gas shortage on East coast and North coast – domestic and LNG
- Uncontracted Gas Reserves on East Coast
- Focussed Strategy - Gas and Oil
- Strategic acreage position in hydrocarbon producing basins
- Exposure to frontier liquids basins
- Operatorship allows control
- Continuous cost efficiency drive
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