Woodside Petroleum Ltd. reported production results for the third quarter ended September 2009. For the quarter, the company produced 20.6 million barrels of oil equivalent (mmboe), up from 19.4 mmboe at the end of the June quarter. Revenue rose 13% to AUD 1.06 billion ($983.79 million) after sales lifted 5% to 20.3 mmboe. Production volumes are up 6% compared to the previous quarter, largely as a result of the startup of the Corallina 2 development well at Laminaria-Corrallina, and improved facility uptime at Vincent and Enfield.

Woodside Petroleum Ltd. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on October 5, 2009).

Woodside Petroleum Ltd. revealed plans to expand its $12 billion Pluto project into a five processing-train giant, capable of producing 21.5 million tonnes of LNG a year (mtpa). Woodside's bold vision came only a day after the Gorgon partners celebrated the signing of a $50 billion LNG sales contract with PetroChina, Australia's biggest trade deal, which signalled that the global financial crisis had failed to dent Asia's appetite for WA gas. The PetroChina sales contract covers only 2.25mtpa of LNG, with Gorgon expected to generate up to $300 billion worth of gas sales over a 20-year period. With Gorgon's imminent development approval set to trigger a new resources boom in WA, Woodside's unveiling of its Pluto plans sparked further hope the gas riches off WA's North-West would help the State defy the global economic gloom. At an eye-popping 21.5mtpa, the expanded Pluto could generate sales worth even more than Gorgon and transform the Perth-based Woodside into one of the world's biggest gas companies. Pluto would dwarf not just the Gorgon venture but also the 16.3mtpa North-West Shelf asset on the Burrup Peninsula, Australia's biggest resources project.