COMMERCIAL FOCUS

We actively seek out opportunities. We develop mutually beneficial relationships with key stakeholders and partners. We develop and utilise our technical competencies.

We have worked hard over 2016 and 2017 to deliver positive commercial returns in a constrained environment for our industry.

We have maintained tight control on costs, and executing commercial transactions at value, including the sale to Genesis Energy of our 15% holding in Kupe, and subsequent acquisition of 4% of Kupe at value. We have significantly reduced our operating costs, and have applied a similar lens to Cue Energy Limited, in which we hold a controlling share.