woodside petroleum ltd (WOPEF) Key Developments
Woodside Petroleum Seeks More Acquisitions
Dec 17 14
Woodside Petroleum Ltd. (ASX:WPL) is looking for acquisition opportunities. Peter Coleman, Chief Executive Officer of Woodside Petroleum is eyeing more potential acquisitions in the depressed oil and gas sector.
Woodside Purchases Apache Interests in Key Oil and Gas Projects
Dec 17 14
Woodside has entered into a binding transaction with Apache Corporation to acquire Apache's Australian Wheatstone LNG and Balnaves oil interests and Kitimat LNG project interests in Canada, for an aggregate purchase price of $2.75 billion. Under the terms of the Sale and Purchase Agreements, Woodside will acquire a 13% interest in the Wheatstone LNG Project and a 65% interest in the Julimar-Brunello upstream gas development, with a near-term production profile; a 65% interest in the Balnaves oil project, with immediate production; and a 50% interest in the Kitimat LNG project, including approximately 320,000 acres in the Horn River and Liard Basins, adding a growth option in an emerging LNG province to Woodside's development portfolio.
Woodside Petroleum Ltd., Apache Corp. - M&A Call
Dec 16 14
To update on the purchase of Apache interests in key assets by Woodside
Woodside Petroleum Limited Enters into Contract for RL with ONHYM Offshore Morocco
Dec 10 14
Woodside Petroleum Limited announced that it has entered into a contract for reconnaissance license, or RL, with the Office National des Hydrocarbures et des Mines, or ONHYM, to explore a block offshore Morocco. The block, known as the Rabat Ultra Deep Offshore area, comprises a total of 36,737 km2 with depths ranging from 1,700m to 4,400m. The block is located just west of the Rabat Deep Offshore I-VI permits, in which Woodside has acquired, subject to Ministerial approval, a 25% interest. Commitments under the RL work program include a 2D
seismic survey and studies. The RL duration is for 12 months. The grant of the RL is subject to Ministerial approval.
Woodside Announces Resignation of Rob Cole as an Executive Director and Executive Vice President Corporate and Commercial
Nov 26 14
Woodside announced that Rob Cole has resigned as an Executive Director. His resignation will be effective immediately. Mr. Cole has also resigned as Executive Vice President Corporate and Commercial.