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BRIEF-Woodside Petroleum says Browse JV participants decided not to progress with development at this time

Published 23/03/2016, 09:35 am
© Reuters.  BRIEF-Woodside Petroleum says Browse JV participants decided not to progress with development at this time
WDS
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March 23 (Reuters) - Woodside Petroleum Ltd WPL.AX :

* Browse joint venture participants have decided not to progress with the development at this time considering the current economic and market

environment

* Will now work with the browse joint venture participants to prepare a new work program and budget to progress development activities

* Will use the additional time to pursue further capital efficiencies for Browse

* Source text for Eikon ID:nASX2ys604

*

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