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BRIEF-Woodside Petroleum announces fourth quarter 2016 report

Published 19/01/2017, 09:45 am
BRIEF-Woodside Petroleum announces fourth quarter 2016 report
WDS
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Jan 19 (Reuters) - Woodside Petroleum Ltd WPL.AX :

* Fourth quarter 2016 report

* Annual production result of 94.9 MMboe, 3% higher than 2015 and second highest ever achieved

* Qtrly sales revenue up on previous quarter driven by strengthening oil price

* Woodside's 2017 forecast production range is 84 -90 MMboe

* Qtrly sales 24.2 MMboe versus 25.2 MMboe last year

* 2016 capital expenditure was US$1.4 billion, more than US$250 million lower than previous guidance

* Q4 production 23.8 MMboe versus 24.9 MMboe last year

* Q4 total sales revenue $1.01 billion versus $1.11 billion last year Source text for Eikon: Further company coverage: WPL.AX

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