FY17 Highlights

In FY17, the operating performance of the company’s core business was satisfactory and the underlying financial performance largely in line with expectations. However, the continued low oil price outlook resulted in significant non-cash impairments and a statutory net loss.

To see AWE’s complete financial results for FY17, please click here.

2.75
MMBOE

Total Production

$103.6
M

Sales Revenue

$41.1
M

Field EBITDAX

25%
 

Increase in Waitsia 2P Reserves to 38.1 MMboe*

51.9
MMBOE

2P Reserves

109.5
MMBOE

2C Contingent Resources^

43%
 

Reduction in Operating Costs

69%
 

Reduction in Total Investment Expenditure+

0

Lost Time Injuries and Significant Environmental Incidents

* Announced 9 August 2017, AWE share
^ At 30 June 2017
+ Capital expenditure plus exploration expenditure

 

CEO INTERVIEW +

AWE’s Half Year 17 results: David Biggs, AWE’s CEO and Managing Director, discusses the company’s financial results, operating performance and outlook

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Investor Centre +

Our strategy of building a portfolio of assets with diversity of product and geography provides us with a level of resilience and flexibility to manage change in volatile markets

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