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WPL Woodside Petroleum Limited

28.97
0.00 (0.00%)
21 Jul 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Woodside Petroleum Limited ASX:WPL Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 28.97 28.97 29.00 0.00 01:00:00

Petrel Resources Widens Fiscal Year Loss

25/06/2014 10:06am

Dow Jones News


Woodside Petroleum (ASX:WPL)
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LONDON--Petrel Resources PLC (PET.LN), an oil explorer, Wednesday posted a pretax loss of 526,783 euros ($717,200) for 2013, compared with a EUR469,767 loss in 2012, reflecting increased expenses.

The loss per share was 0.63 euro cents, widened from 0.61 cents.

"Exploring the Atlantic offshore Ireland will occur in the near future at no cost to Petrel," said Chairman John Teeling. "With over $2 million in cash we are well funded for the foreseeable future," he added.

Woodside Petroleum plans to drill on the Porcupine Basin in 2016-17, Petrel said.

Shares down 6.3% at 0735 GMT.

Write to Ed Ballard at ed.ballard@wsj.com

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Visit http://www.companyspotlight.com/partner?cp_code=A591&isin=IE0001340177

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1 Year Woodside Petroleum Chart

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