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BRIEF-Woodside Petroleum posts Q4 production of 24.9 mmboe versus 23.4 mmboe last year

Published 21/01/2016, 09:39 am
© Reuters.  BRIEF-Woodside Petroleum posts Q4 production of 24.9 mmboe versus 23.4 mmboe last year
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Jan 20 (Reuters) - Woodside Petroleum Ltd WPL.AX :

* Fourth quarter 2015 report WPL.AX

* Qtrly production 24.9 mmboe versus 23.4 mmboe last year

* Qtrly sales revenue $ 1.11 billion versus $1.76 billion a year ago

* Says production target range for 2016 is 86 to 93 mmboe

* Total estimated investment expenditure for 2016 is expected to be approximately US$1.96 billion

* "Profit for purpose of calculating final dividend is expected to be adjusted for impairments and other one off material non-cash charges"

* "DD&A for 2015 is anticipated to be in the range of $1.45 bln to $1.55 bln"

* Petroleum Resource Rent Tax Expense for 2015 is anticipated to be in the range of $100 million to $200 million

* Impairment charges for full-year 2015 are anticipated to be in the range of $1 billion to $1.2 billion pre-tax

Source text for Eikon ID:nASXkJ2Yy

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