Shakespeare Well Abandoned

Woodside Petroleum Ltd., Operator of the NT/P57 Southern Bonaparte Joint Venture, reports that the Shakespeare-1 exploration well in permit NT/P57 was plugged and abandoned after completing wireline logging. The Sedco 703 has now moved to the Weasel-1 Well.

Woodside's interest in NT/P57 is 70%. The other participant is AGIP Australia BV (30%).