Original article by Paul Garvey
The Australian – Page: 21 : 21-Apr-16
Woodside Petroleum has reported sales revenue of $US982m ($A1.26bn) for the March 2016 quarter, which is 30 per cent lower than the same period in 2015. The group has been hit by the downturn in the crude oil price, while production was 4.8 per cent lower than the December 2015 quarter at 23.7 million barrels of oil equivalent. Production was affected by scheduled maintenance at the North West Shelf project and the end of production at the group’s Balnaves oilfield.
CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, APACHE ENERGY LIMITED, UBS HOLDINGS PTY LTD