Woodside cool on play for rival Santos

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 13 & 16 : 19-Apr-18

Woodside Petroleum has advised that its sales rose by 18 per cent to $US1.169bn in the March 2018 quarter. The oil and gas group’s production rose from 21.4 million barrels of oil equivalent in the March 2017 quarter to 22.2 million boe, with the result being boosted by the contribution from its 13 per cent stake in the Wheatstone LNG project. CEO Peter Coleman has downplayed speculation that Woodside could bid for Santos, stressing that the Browse and Scarborough gas fields are its priorities.

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, SANTOS LIMITED – ASX STO, CHEVRON CORPORATION, HARBOUR ENERGY LIMITED, JP MORGAN AUSTRALIA LIMITED

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