MELBOURNE, March 7 (Reuters) - Woodside Petroleum WPL.AX and its partners said they were disappointed that Australia andEast Timor had failed to settle on a development plan for theGreater Sunrise gas fields between the two countries as part ofthe process ending a long-running maritime border dispute onWednesday.
"It is disappointing that this process has not resulted inan alignment on a development concept," a spokeswoman for theSunrise Joint Venture said in a statement.
Woodside is operator of the Sunrise joint venture, co-ownedby Royal Dutch Shell RDSa.L , ConocoPhillips (NYSE:COP) COP.N and OsakaGas 9532.T , which had shelved plans for developing the GreaterSunrise gas fields between East Timor and Australia due to thetwo nations' border dispute.