Woodside Petroleum
(ASX:WPL) is planning to grow its production in the years ahead, focusing on opportunities to unlock value from its resource base.
The oil and gas company says it’s expecting to increase its cash flow and returns as it sees further upside potential, on the back of lower capital intensity and quicker-to-market opportunities.
Woodside Petroleum says it will grow production by attracting resources to existing facilities at the planned Burrup Hub.
The company is poised to take advantage of the increasing demand from emerging markets, while it is already reaping rewards from market conditions.
Shares in Woodside Petroleum
(ASX:WPL) are currently trading 0.15% higher to $33.00.
