Woodside Spuds Enfield-5 Well Offshore Australia

Woodside Petroleum Ltd. reports that the Enfield-5 appraisal well located in the Exmouth Sub-Basin was spudded on September 11, 2002. On September 17, 2002 the operation was drilling ahead at 1764 meters. The Sedco 703 semisubmersible is drilling the well. The location is approximately 20 kilometers west of the Macedon/Pyrenees field. Water depth at the location is 566 meters. Planned total depth is 2125 meters (along hole). Woodside's interest in WA-271-P is 100%.