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Offshore oil regulator powers to increase

THE Federal government has agreed the powers of the National Offshore Petroleum Safety Authority need to be expanded significantly to avert any repeat of major incidents such as the Montara oil spill or Varanus Island gas explosion.

The government will not unveil its response to the Montara commission of inquiry until the end of the year, but revealed its determination to beef up NOPSA when it released its detailed response to three prior inquiries into offshore oil regulation last week.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
117thNorthern Star Resources128%65%
158thFortescue Metals Group87%-9%
474thIluka Resources-12%-15%
480thSouth32-14%0%
495thWoodside Petroleum-18%-3%
755 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

18/04/16
$0 Other
18/04/16
$0 Other
14/12/15
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st-Fortescue Metals Group$11,264.3m
2nd↑Woodside Petroleum$6,935.4m
3rd-South32$6,492.2m
4th↑Iluka Resources$884.1m
5th↑Northern Star Resources$846.5m
528 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

3rdNev Power$5.992m
14thStephen Pearce$2.551m
27thNick Cernotta$1.566m
Ranked by total remuneration from all listed WA companies

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