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| 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 |
From May 2019 to May 2024
By Robb M. Stewart
MELBOURNE, Australia--Woodside Petroleum Ltd. (WPL.AU) has agreed to a deal to buy half of BHP Billiton Ltd.'s (BHP.AU) Scarborough natural-gas assets in the Carnarvon Basin offshore Western Australia.
The energy company said Monday it will pay US$250 million to BHP when the transaction is completed, and a contingent payment of US$150 million when a positive investment decision is made to develop the Scarborough field.
Completion of the acquisition is targeted by the end of 2016, Woodside said.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
September 04, 2016 19:54 ET (23:54 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Woodside Petroleum Chart |
1 Month Woodside Petroleum Chart |
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