Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 13 & 16 : 18-Jan-16

The downturn in the crude oil price prompted a number of Australian-listed energy groups to announce write-downs in 2015. The price of Brent crude oil closed at $US28.94 per barrel on 15 January 2016, coinciding with BHP Billiton’s announcement that its 2015-16 interim results are likely to include a $US7.2bn impairment charge on its oil and gas assets. Mark Busuttil of JP Morgan has forecast that Santos could announce a pre-tax write-off of about $A2bn.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, SANTOS LIMITED – ASX STO, JP MORGAN AUSTRALIA LIMITED, WOODSIDE PETROLEUM LIMITED – ASX WPL, OIL SEARCH LIMITED – ASX OSH, ORIGIN ENERGY LIMITED – ASX ORG, BEACH ENERGY LIMITED – ASX BPT, SENEX ENERGY LIMITED – ASX SXY, AWE LIMITED – ASX AWE, DRILLSEARCH ENERGY LIMITED – ASX DLS, RBC CAPITAL MARKETS, BLOOMBERG LP, STANDARD AND POOR’S CORPORATION, BG GROUP PLC, GLADSTONE LNG PTY LTD, AUSTRALIA PACIFIC LNG LIMITED