ASX Update 16 Jan 2020

Fourth Quarter 2019 Report

In our Q4 2019 results, we delivered sales revenue of $1,304 million and production of 25.7 MMboe, an increase from the previous quarter.

Our CEO Peter Coleman said Greater Enfield underpinned a solid result in which significant progress was achieved on Woodside’s major growth projects.

We had a number of highlights including outstanding achievements for the Scarborough development off Western Australia, with a 52% increase in the estimated gross contingent resource and an agreed tolling price for processing Scarborough gas. Subsequent to the quarter, we reached a significant milestone with an unconditional FID for the Sangomar Field Development Phase 1 offshore Senegal. The joint venture has commenced the execute phase of the development.

Read the full announcement here

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