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4-Traders Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Woodside Petroleum Limited    WPL   AU000000WPL2

WOODSIDE PETROLEUM LIMITED (WPL)
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Australia Oil Fields Restarting After Passage Of Cyclone Lua

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03/19/2012 | 07:44am CEST

Several oil fields off the north west coast of Western Australia have begun to restart production Monday following the passage of Cyclone Lua over the weekend.

Australia's Woodside Petroleum Ltd. (>> Woodside Petroleum Limited) has recommenced production from the Enfield oil field off the North West Cape, the company said in a statement.

But production at the Vincent oil field off the North West Cape and the Cossack, Wanaea, Lambert and Hermes fields on the North West Shelf remain offline, the company added.

U.S.-based Apache Corp. (APA) is remobilizing its Stag oil platform and other drilling operations affected by Lua, the company said.

Production remained online at all other facilities during the passage of the cyclone, it added.

Santos Ltd.'s (>> Santos Limited) Mutineer-Exeter floating production storage and offloading vessel is back on location and "going through the reconnection process," a company spokesman said.

It is too early to say when production will resume, he added.

Lua crossed the Pilbara coastline Saturday, dumping heavy rainfall and generating high winds, but there were no reports of significant damage to mining and oil projects in the region.

-By Stephen Bell, contributing to Dow Jones Newswires; 61-8-9244-4243

Stocks mentioned in the article : Santos Limited, Woodside Petroleum Limited
Stocks mentioned in the article
ChangeLast1st jan.
APACHE CORPORATION -1.30% 42.57 Delayed Quote.4.88%
SANTOS LTD -8.39% 5.9 End-of-day quote.16.70%
WOODSIDE PETROLEUM LIMITED -1.20% 33.8 End-of-day quote.3.42%
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Financials ($)
Sales 2018 4 801 M
EBIT 2018 2 357 M
Net income 2018 1 305 M
Debt 2018 3 015 M
Yield 2018 4,97%
P/E ratio 2018 17,00
P/E ratio 2019 15,60
EV / Sales 2018 5,69x
EV / Sales 2019 5,32x
Capitalization 24 279 M
Chart WOODSIDE PETROLEUM LIMITED
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Woodside Petroleum Limited Technical Analysis Chart | WPL | AU000000WPL2 | 4-Traders
Technical analysis trends WOODSIDE PETROLEUM LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 14
Average target price 25,6 $
Spread / Average Target -1,3%
EPS Revisions
Managers
NameTitle
Peter John Coleman Chief Executive Officer, MD & Executive Director
Richard J. B. Goyder Chairman
Michael Utsler Chief Operating Officer
Sherry Duhe Chief Financial Officer & Executive Vice President
Shaun Gregory Chief Technology Officer & Senior Vice President
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