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PFI - Keith Tucker, Perenco

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The Importance of Cost<br />

Platform for Innovation - Decommissioning<br />

SNS 2013 – The Sea of Opportunity<br />

• The reduction of Owner/Operator’s bottom-line, no-reward,<br />

dead-money, cost liabilities<br />

• The reduction of demand on the Exchequer by way of tax<br />

relief for Decommissioning<br />

• Combined with cost clarity; the improved prospects for asset<br />

acquisition by smaller Operators willing to invest and extend<br />

field-life & reserves recovery.

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