WOODSIDE ENERGY GROUP LTD 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
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.
Contacts: MEDIA Michelle Grady W: +61 8 9348 5995 M: +61 418 938 660 E: michelle.grady@woodside.com.au | INVESTORS Craig Ashton W: +61 8 9348 6214 M: +61 417 180 640 E: investor@woodside.com.au |
Woodside Petroleum Ltd. issued this content on 31 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 February 2016 16:39:14 UTC
Original Document: http://www.woodside.com.au/Investors-Media/announcements/Documents/01.02.2016 Update on Wheatstone Schedule.pdf
