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Woodside takes hit

Woodside has flagged a $140 million charge following changes to the development of an oilfield off Western Australia. The disclosure came with confirmation of soft June quarter output, which was flagged recently when Woodside disclosed problems with its Pluto oilfield. Sales in the quarter fell to $1.34 billion from $1.43 billion a year earlier.
By · 19 Jul 2013
By ·
19 Jul 2013
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Woodside has flagged a $140 million charge following changes to the development of an oilfield off Western Australia. The disclosure came with confirmation of soft June quarter output, which was flagged recently when Woodside disclosed problems with its Pluto oilfield. Sales in the quarter fell to $1.34 billion from $1.43 billion a year earlier.
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