After talking at length on the TV the other afternoon on WPL it is nice to see the stock up 6% this morning…the worm has turned..lets hope it continues!
it lifted its 2012 production target to 77 to 83 million barrels of oil equivalent (MMboe), from a previous range of 73 to 81 MMboe. This comprised 57 to 60 MMboe from the underlying business (ex-Pluto) and 20 to 23 MMboe from Pluto LNG.
Woodside said the increase was primarily due to better-than-expected performance from Pluto LNG with a smaller increase due to the rescheduling of the planned Vincent shut-down into 2013.
Beeks Downunder-Because not all financial news is boring! 