July 14 (Reuters) - Woodside Petroleum Ltd WPL.AX :
* UNDERTAKEN A REVIEW AS OF 30 JUNE 2020 OF CARRYING VALUES OF ITS ASSETS
* EXPECTED TO RECOGNISE NON-CASH, POST-TAX IMPAIRMENT LOSSES OF US$3.92 BILLION
* HY FINANCIAL STATEMENTS ALSO EXPECTED TO INCLUDE NON-CASH, POST-TAX ONEROUS CONTRACT PROVISION OF US$447 MILLION
* EXPECTED TO INCLUDE A NON-CASH, POST-TAX ONEROUS CONTRACT PROVISION FOR CORPUS CHRISTI LNG SALE & PURCHASE AGREEMENT OF US$447 MILLION IN HY
* COMBINED IMPACT OF IMPAIRMENTS AND ONEROUS CONTRACT PROVISION IS A POST-TAX LOSS OF US$4.37 BILLION FOR HY
* HY STATEMENTS TO INCLUDE NON-CASH, POST-TAX ONEROUS CONTRACT PROVISION FOR CORPUS CHRISTI LNG SALE & PURCHASE DEAL
* MEDIUM-TERM OUTLOOK FOR WOODSIDE'S GROWTH PROSPECTS AND FOR OUR CORE PRODUCT, NATURAL GAS, IS POSITIVE
* AS A RESULT OF IMPAIRMENT LOSSES & ONEROUS CONTRACT PROVISION, WOODSIDE'S GEARING AT 30 JUNE EXPECTED TO BE ABOUT 19%
* REVISED ITS LONG-TERM AUSTRALIAN CARBON PRICE ASSUMPTION TO US$80/TONNE
* CALCULATION OF 2020 INTERIM DIVIDEND WILL EXCLUDE IMPACTS OF IMPAIRMENT LOSSES AND ONEROUS CONTRACT PROVISION ON NPAT