Woodside Suspends Operations at its Egret-3 Well

Woodside Petroleum has suspended drilling operations at its Egret-3 well and evacuation of non-essential personnel from the Sedco 703 has commenced pending the approach of Cyclone Inigo.

Since the last report, drilling continued in the 12-1/4 inch hole from 1,925 meters to 2,116 meters.

The Egret-3 well is located in the WA-10-R permit in the Carnarvon Basin offshore Western Australia.

Woodside's interest in WA-10-R is 16.67%. Other participants in WA-10-R are BHP Billiton Pty Ltd. (16.67%), BP Developments Australia Ltd. (16.67%), Chevron Texaco Pty Ltd. (16.67%), Japan Australia LNG (MIMI) Pty Ltd. (16.67%) and Shell Development (Australia) Pty Ltd. (16.67%).