Narrow region/basin focus, unlocking value in production and near term development via multiple levers
Maintaining a fully funded and cashflow resilient portfolio and Balance Sheet
Stable production today with visible near-term growth
Free cashflow production of ~14,000 bbls/d (prior to infill drilling), cashflow positive at low oil prices
De-risked near-term development from Vietnam gas-to-power fully appraised gas developments, infill drilling at Stag, optimisation at Montara, and development of discovered gas in Ogan Komering
High impact inorganic growth opportunities
Accretive producing and appraised development opportunities with multiple in-field/near-field upside options
Consistent with management’s operating experience, technical knowledge, relationships and track record
Tailored exploration focus
In-field, cost recoverable and/or low risk near-field exploration for early commercialization
