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woodside - $2.5bn issue for cooking with gas

  1. 35 Posts.
    Sorry for the constant messages but

    I am trying to narrow down a possible JV ... looks like both Woodside and Exxon are into gas .. but Exxon have said Oil is still on their agenda.

    WOODSIDE Petroleum has announced a $2.5 billion accelerated rights issue to shore up its balance sheet ahead of a host of planned liquefied natural gas projects this decade.

    The news fuelled speculation the energy giant could be positioning itself to buy out any reluctant partners in the contentious Browse gasfields off Western Australia.

    http://www.theaustralian.com.au/woodside-unveils-25bn-issue-for-cooking-with-gas/story-e6frg8zx-1225810372460
 
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