Feb 26 (Reuters) - Woodside Petroleum Ltd WPL.AX :
* WOODSIDE AND BHP HAVE AGREED TO ALIGN THEIR PARTICIPATING INTERESTS ACROSS WA-1-R (SCARBOROUGH) AND WA-62-R (NORTH SCARBOROUGH) TITLES,
* WOODSIDE AND BHP HAVE ALSO AGREED TO APPLY FOR PRODUCTION LICENCES IN RESPECT OF BOTH TITLES
* IS TARGETING A FINAL INVESTMENT DECISION IN 2020 FOR SCARBOROUGH DEVELOPMENT
* SCARBOROUGH PARTICIPATING INTEREST ALIGNMENT TO RESULT IN CO HOLDING 73.5% INTEREST AND BHP HOLDING A 26.5% INTEREST IN EACH TITLE
* TARGETING A FINAL INVESTMENT DECISION IN 2020 FOR SCARBOROUGH DEVELOPMENT AND FIRST CARGO IN 2024 Source: Further company coverage: WPL.AX