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 MENAFN - - 2/20/2013 4:46:08 PM

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Pluto helps Woodside double profits

Feb 20, 2013 (Menafn - The Age - ABIX via COMTEX) --Woodside Petroleum has posted a 2012 full-year net profit increase of 98% to A2.98bn, including an abnormal gain of US974m from the divestment of part of its Browse Basin assets. Revenue also rose 29.6% to reach US6.2bn, with a major factor the initial earnings from the Pluto LNG project in Western Australia. The price for LNG exported from the North-West Shelf operation grew US10-plus as well during the year to US77.85 per barrel of oil equivalent.

Publication Date: 21 February 2013

WOODSIDE PETROLEUM LIMITED - ASX WPL

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