Woodside Petroleum Limited
(ASX:WPL) has reported a fall in quarterly revenue and production for the second quarter of the 2015 calendar year.
The oil and gas producer’s output fell 14.5 per cent to 20.1 million barrels of oil equivalent in the June quarter.
Quarterly sales dropped 9.3 per cent to 19.5 million barrels of oil equivalent while sales revenue plunged 46.5 per cent to $US898 million.
Looking ahead Woodside Petroleum has confirmed it expects to deliver its annual output guidance range of between 86 and 94 million barrels of oil equivalent.
Woodside Petroleum reported a net profit of $3.06 billion over the full 2014 calendar year.
