According to: Annual Investor Update
It looks like the production forecast is down 3-5% and the plan to spud five exploration wells probably lessened expectations for easy and immediate greenfield around Pluto. Plenty of other irons in the fire if expansion efforts at Pluto prove fruitless.
To quote:
Woodside’s underlying production target for 2012 (excluding Pluto) is anticipated to range from 56 to 60 MMboe. Additional production from Pluto in 2012 is expected to be in the range of 17 to 21 MMboe (Woodside share). The range allows for variations in ramp-up performance with the first LNG cargo from Pluto targeted for March 2012. The combined production range is 73 to 81 MMboe (Woodside share).
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According to: Annual Investor UpdateIt looks like the production...
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