WPL Quarterly Revenue Increases over Twofold, While Production Surges 44 per cent

  • Oct 17, 2019 AEDT
  • Team Kalkine

Woodside Petroleum Limited (ASX: WPL) reported the September quarter results. WPL delivered a production of 24.9 million barrels of oil equivalent, which witnessed a growth of 44 per cent against the previous corresponding quarter.

  • The sales revenue for the September quarter surged by 58 per cent against the previous quarter to stand at $1,164 million;
  • The company achieved 99.7% reliability at Pluto LNG and witnessed record quarterly and daily production;
  • WPL signed mid-term agreements or the supply of approximately 3.5 million tonnes of LNG for the period of 2020-2026.

 

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