I must say I was thinking along the lines of some capex requirement for a connection to Bressay of some sort, only thinking out-loud, but the costs for FDP and SDP are budgeted within the original $3.5 billion as far as I can see.
Can't see any capex being committed to for Blackbeard until they have sunk some holes to be honest
"Reduced operating expenditure over the life of field from operational efficiencies."
I make it around $1.2 Billion operational cost savings compared to previous RAR's, it's that $1,3 Billion in extra development costs which I am scratching my head about, especially as its booked in the "thereafter years" by which time SPD would have been up and running.
I am sure there is a perfectly good explanation, but as yet I can't think of it.
Bet the big bouys are having a look at that! STATOIL/SHELL all over this ! 33p is laughable for the oil we have! FDP coming and then re- rate! Shorters getting to work, but hold your shares, cause payday is coming!! :-) smile and chill , the beastie is coming!! :-)
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.