| 01.02.2016 Update on Wheatstone Schedule | |
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HEADING
ASX Announcement
Monday, 1 February 2016
ASX: WPL OTC: WOPEY
Woodside Petroleum Ltd.
ACN 004 898 962
Woodside Plaza
240 St Georges Terrace Perth WA 6000 Australia
www.woodside.com.au
UPDATE ON WHEATSTONE SCHEDULE
Woodside notes recent advice provided by the operator of the Wheatstone Project that the forecast for first LNG is now mid-2017.
Woodside advises that impairments foreshadowed in the company's fourth quarter report released on 21 January 2016 took into account the potential for this revised schedule for the Wheatstone onshore plant.
The Julimar Project, which will supply gas to the Wheatstone onshore plant, remains on schedule and on budget. Woodside has a 65% equity interest in the Julimar Project and is operator of the development.
Delivery commitments under the applicable LNG Sales Agreements can be met under the revised schedule.
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Woodside Petroleum Limited
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CODE : WPL.AX |
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Woodside Petroleum is a oil exploration company based in Australia. Woodside Petroleum is listed in Australia and in Germany. Its market capitalisation is AU$ 26.6 billions as of today (US$ 19.2 billions, € 18.9 billions). Its stock quote reached its highest recent level on October 04, 2018 at AU$ 39.23, and its lowest recent point on March 27, 2020 at AU$ 15.03. Woodside Petroleum has 842 440 000 shares outstanding. |