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 InvestSMART · 19 Jul 2013

By InvestSMART ·
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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Woodside takes hit

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