Woodside Petroleum forecasts profit of up to us$1.8 billion
It has been reported that Woodside Petroleum Ltd, Australia's second biggest oil and gas producer, has forecast profit of up to $1.8 billion for the full year and delivered a rise in output for the quarter.
Woodside Petroleum says it has successfully completed the retail bookbuild of new shares not taken up in the retail component of the $2.5 billion rights offer.