Highlights of FY16

"AWE has reshaped itself to operate sustainably in a low oil price environment. It is well positioned for the future with stable cash flows, a flexible balance sheet with low debt, a strong portfolio of Reserves and Contingent Resources, and two valuable, long life development assets in the Waitsia gas project and the Ande Ande Lumut oil project."

David Biggs
CEO and Managing Director
October 2016

5
mmboe

Total FY16 production

$202
million

Sales Revenue

$92
million

Field EBITDAX

0
 

Lost Time Injuries and Reportable Environmental Incidents

55%
 

Reduction in total investment expenditure

41%
 

Reduction in corporate overheads

 

71
mmboe

2P Reserves

 

102
mmboe

2C Contingent Resources

 
 

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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