Woodside 0-2 on Recent Exploration Wells

Woodside reports that the Bison #1 exploratory well (OCS-G 24325 #1) located in the Gulf of Mexico on Mustang Island Area Block A 81 has been plugged and abandoned after being drilled to a total depth of approximately 6,650 feet using the jackup, Ensco 64. No further operations are contemplated. Pioneer Natural Resources USA Inc. and Woodside Energy (USA) Inc. are equal participants in OCS-G 24325.

The Tigger-1 exploration well located in the Carnarvon Basin is being plugged and abandoned. The well was drilled to total depth of approximately 3650 meters by the semisub, Sedco 703. Woodside's interest in WA-248-P is 45%. The other participants are Kufpec Australia Pty Ltd. (35%) and Japan Australia LNG (MIMI) Pty Ltd. (20%).

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