Research Presentation
APPEA 2015: Australian upstream portfolio management
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Report summary
Wood Mackenzie's Principal Analyst for Asia-Pacific upstream research, Angus Rodger, presented at Australia's largest upstream conference, APPEA, in Melbourne (May 2015). Entitled "Portfolio management: a strategic approach to achieving corporate targets," it discusses how changes in the exploration, M&A and cost environment are transforming Australian portfolios. Small-cap strategy in particular is being affected by high well costs and the increasing likelihood of sector-wide consolidation.
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