Glossary

$ 2 3 A B C E F G H K L M N O P R S T U W


$ Australian Dollars
2P proved and probable
3D three-dimensional
AMI Area of Mutual Interest
APR
means the New Zealand Accounting Profits
Royalty
ASIC
Australian Securities and Investments
Commission
ASX Australian Securities Exchange
bbl barrel
BCF billion cubic feet
BOE barrels of oil equivalent
BOPD barrels of oil per day
CDP Carbon Disclosure Project
CPI Consumer Price Index
CPS cents per share
EBIT earnings before interest and tax
EBITDAX
earnings before interest, tax, depreciation,
amortisation and exploration expenses
FEED Front End Engineering and Design
FID Final Investment Decision
FPSO
Floating Production Storage and
Offloading vessel
G&G Geological and Geophysical
G&T Goods and Services Tax
HSE Health, Safety and Environment
km kilometre
KPI Key Performance Indicator
K tonnes thousand tonnes
LPG liquefied petroleum gas
LTI lost time injury
LNG Liquefied Natural Gas
LTIFR lost time injury frequency rate
M&A Mergers and Acquisitions
MLE mid life enhancement
million bbls million barrels
mmbbls million barrels
MMBOE million barrels of oil equivalent
MMScf/d million standard cubic feet per day
MScf/d thousand standard cubic feet per day
NGERS
National Greenhouse &
Energy Reporting System
NGLs Natural Gas Liquids
NPAT Net Profit After Tax
OHS Occupational Health & Safety
pa per annum
PESA Petroleum Exploration Society of Australia
PJ petajoule
POD Plan of Development
PSC Production Sharing Contract
Probable reserves
means reserves additional to proved
reserves that can be estimated with a
degree of certainty (greater than 50%
probability) sufficient to indicate they are
more likely to be recovered than not
Proved reserves
means reserves that can be estimated with
reasonable certainty (greater than 90%
probability) to be recoverable under current
economic conditions
PRRT
means the petroleum resource rent tax
imposed with respect to petroleum products
pursuant to the Petroleum Resource Rent Tax
Act 1987 (Cth) and the Petroleum Resource
Rent Tax Assessment Act 1987 (Cth)
reserves
means the volume of economically
recoverable oil or gas contained in a
geological formation form a given date
forward
reservoir
means a rock that is both porous and
permeable
scf/d standard cubic feet per day
SPE Society of Petroleum Engineers
spud date date when drilling begins
sq km square kilometres
TCF trillion cubic feet
TJ terajoule
TSR total shareholder returns
TRIFR total recordable incident frequency rate
US$ US Dollars
WTI West Texas Intermediate

 

 

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