Woodside: Oil, Gas Deal Environment Has Improved Over Past Year

Reuters

MELBOURNE, Oct 20 (Reuters) - The environment for getting deals done in oil and gas is better now than it was a year ago as sellers have lowered their expectations, Woodside Petroleum's Chief Financial Officer Lawrie Tremaine said on Thursday.

"We're out there working M&A. We think the environment's probably a little more positive today than it was 12 months ago," Tremaine told Reuters in an interview.

(Reporting by Sonali Paul)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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