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BRIEF-Woodside Petroleum posts 10 pct rise in Q2 production from last year

Published 21/07/2016, 09:45 am
© Reuters.  BRIEF-Woodside Petroleum posts 10 pct rise in Q2 production from last year
WDS
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July 21 (Reuters) - Woodside Petroleum Ltd WPL.AX :

* Second quarter 2016 report WPL.AX

* Qtrly production 22.2 mmboe versus 20.1 mmboe last year

* Qtrly sales 21.1 mmboe versus 19.5 mmboe last year

* Qtrly sales revenue $825 million versus $898 million

* PRRT for 2016 half-year anticipated to be in range of $100 mln to $120 mln benefit on a pre- income tax basis

* NCI component of 2016 half-year net profit after tax is anticipated to be in the range of $50 million to $60 million

* Greater Enfield Project's estimated production costs are $30-40 mln per annum on average for life of the project

* Says at Greater Enfield Project initial oil production rates are estimated as

being greater than 40,000 BBL/d

* Greater Enfield Project's incremental cash costs estimated to be less than

US$6 per barrel on average for the first five years of production

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