Woodside Q1 production lifts

Production, revenue increase during the March quarter in line with expectations.

Woodside Petroleum (WPL) has reported a 5% lift in production in the March quarter, in line with market expectations, while sales and revenue also rose.

Woodside reported production of 23.0 million barrels of oil equivalent (MMboe) in the three months to March 31, compared with 21.9 MMboe in the previous corresponding period.

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