Woodside Petroleum Ltd. http://www.alacrastore.com/company-snapshot/Woodside_Petroleum_Ltd-1018432 Saturday, August 30, 2008 6:14:42 AM 1018432 Woodside Petroleum Ltd. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/ccbn/T1935496ccbn/T1935496norm... - Woodside Petroleum Ltd. - Managing Director, CEO Good day. Thanks for joining us today, and sorry about the late start here. We had a little technical glitch on getting our slides put up. Again, I am Don Voelte. In addition to me here today, of course, from Investor Relations, I have Mike Lynn and Chris Bishop. I've also got Mark Chatterji here to help you with the financial details, as well as Lawrie Tremaine. Agu Kantsler is also here to help us on the exploration side of the business, as well as a few others. I want to go straight to the second page and just note the disclaimer and important notice, just to make sure that's on the record.Look, I'd like to start today with a couple of comments. I think number one is the major headline today is that your investment in Woodside is executing better than ever. As we go through the slides today, I would like to make a few overall comments before we jump from page to page here. First, I think we've all watched in amazement the oil market... 8/27/2008 4:05:19 PMWoodside Petroleum106.0000FinalInterim 2008 Woodside Petroleum Earnings Presentation and Webcast TranscriptWPL.AX1:30pm AESTTranscriptT1935496Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/bir/1200653bir/1200653normWoodside Petroleum Ltd.AustraliaMining: Exploration, development, production and marketing of oil, natural gas, condensate, liquefied natural gas and liquid petroleum gas131113212111112111129GKWPL8/26/2008 6:21:37 AM1200653Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/spcred/666230spcred/666230normThe latest Summary from S&Pglobalstructured8/19/2008 8:55:50 PM175Summary666230AustraliaOil & Gas Exploration & ProductionPacificGlobal IssuersStructured FinanceCorporationsCollateralized Debt ObligationsEnergyGasMetals & MiningSummaryThe rating on Australian-based oil and gas producer Woodside Petroleum Ltd. reflects the company's cost-competitive operations, long reserve life, strong development pipeline, and favorable market outlook for liquefied natural gas (LNG). In addition, Woodside has lower gas price exposure than its U.S. peers, with LNG pricing linked to oil prices and floor-price protection under the offtake agreements for its massive Pluto LNG project. These strengths are partly offset by the company's limited, although improving, geographic diversity, large capital-expenditure commitments, and exposure to rising operating and development costs. Woodside's market position is underpinned by long-life gas reserves and low-cost operations, although key-asset-concentration risk remains. Long-life reserves and low gas-lifting costs give Woodside considerable flexibility to withstand volatile oil prices and theAUS98022810102020 101020 1010 10Woodside Petroleum Ltd.118888PACWPL@AUSUMMARYGLOBISSSTRUCCORPCDOEnergyGasMetalsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/666229spcred/666229normThe latest Full Report from S&Pglobalstructured8/19/2008 8:55:00 PM400Full Report666229AustraliaOil & Gas Exploration & ProductionPacificGlobal IssuersStructured FinanceCorporationsCollateralized Debt ObligationsGasEnergyMetals & MiningFull ReportLow-cost and long-life gas assets Several development prospects, which should support strong production growth Robust market outlook for LNG, underpinned by new contract pricing and strong demand from Asia Lower gas price exposure than its U.S. peers, with LNG pricing linked to oil prices and floor-price protection under the offtake agreements for its massive Pluto LNG project Large planned capital investment in Pluto LNG projects, which will weaken the company's strong credit metrics and result in negative free cash flow in the medium term Limited geographic diversity, albeit improving with the development of new projects Exposure to rising operating and development costs, and a cyclical and capital-intensive industry The rating on Australian-based oil and gas producer Woodside Petroleum Ltd. reflectsAUS98022810102020 101020 1010 10Woodside Petroleum Ltd.118888PACWPL@AUFULLGLOBISSSTRUCCORPCDOGasEnergyMetalsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/fitch/391166_report_framefitch/391166_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Woodside Petroleum Ltd.835392656/27/2008 10:18:00 AM010000000103000001031000425Full Rating ReportWPL391166_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/fitch/424317_pr_framefitch/424317_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Woodside Petroleum Ltd.835392656/20/2008 10:15:00 AM01000000010300000103100085Press ReleaseWPL424317_pr_frameCredit & Investment ResearchFitchResearchPERU - Woodside Petroleum Ltd acquired a ##% stake in Block ### (B#), an oil and gas exploration and production property, from Pluspetrol Exploracion y Explotacion SA. Concurrently, Reliance Industries Ltd acquired a ##% stake in B#.5/22/2008 3:36:35 PM98022872946N98022872940FWoodside Petroleum LtdPluspetrol Exploracion y Explotacion SA-Block 108Woodside Petroleum LtdPluspetrol Energy SAhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Woodside_Petroleum_Ltd_acquires_a_minority_stake_in_Pluspetrol_Exploracion_Block_from_Pluspetrol_Energy_SA-1979799040sdc/19797990401979799040Copyright © 2008, Thomson Financial, All Rights ReservedAustraliaOil and Gas; Petroleum RefiningAustraliaCrude petroleum and natural gas1311FFForeignPublicWPL1311:Crude petroleum and natural gas1381:Drilling oil and gas wells1382:Oil and gas field exploration services1311:Crude petroleum and natural gas1381:Drilling oil and gas wells1382:Oil and gas field exploration servicesOil and Gas; Petroleum RefiningPeruCrude petroleum and natural gas1311FFForeignSubsidiary117651002Oil,gas expl,prodnOil and gas exploration,prodnUnspecifiedOwnership Interest1011860001May 22 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.00000Woodside Petroleum Ltd,headquartered in Perth,Australia, is an oil and gasexploration and productioncompany. It has a portfolio ofassets, projects, developmentopportunities and explorationinterests in twelve countries,particularly in Australia,Africa, and United States,having major customer centersin Japan, Korea, China andSingapore. Its major businessis centered on the North WestShelf Venture in Australia.The company was founded in1954.Woodside Petroleum Ltd, headquartered in Perth, Australia,is an oil and gas exploration and production company. It hasa portfolio of assets, projects, development opportunitiesand exploration interests in twelve countries, particularlyin Australia, Africa, and United States, having majorcustomer centers in Japan, Korea, China and Singapore. Itsmajor business is centered on the North West Shelf Venturein Australia. The company was founded in 1954.Woodside Petroleum Ltd, headquartered in Perth, Australia, is an oil and gas exploration and production company. It has a portfolio of assets, projects, development opportunities and exploration interests in twelve countries, particularly in Australia, Africa, and United States, having major customer centers in Japan, Korea, China and Singapore. Its major business is centered on the North West Shelf Venture in Australia. The company was founded in 1954.1.000002.000003.00000Block 108, located in Peru, isan oil and gas exploration andproduction property.Block 108, located in Peru, is an oil and gas explorationand production property.Block 108, located in Peru, is an oil and gas exploration and production property.0.000000.000000.000000.00000Y19 May 08Mon, 19 May 2008 00:00:00 ESTDate Announced: 05/19/200819 May 08Date Effective: 05/19/200819 May 08Acq. Part. Int.Friendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.0000020.0000020.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.0000020.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.00000PERU - Woodside Petroleum Ltdacquired a 20% stake in Block108 (B1), an oil and gasexploration and productionproperty, from PluspetrolExploracion y Explotacion SA.Concurrently, RelianceIndustries Ltd acquired a 30%stake in B1.PERU - Woodside Petroleum Ltd acquired a 20% stake in Block 108 (B1), an oil and gas exploration and production property, from Pluspetrol Exploracion y Explotacion SA. Concurrently, Reliance Industries Ltd acquired a 30% stake in B1.PERU - Woodside Petroleum Ltd acquired a 20% stake in Block 108 (B1), an oil and gasexploration and production property, from Pluspetrol Exploracion y Explotacion SA.Concurrently, Reliance Industries Ltd acquired a 30% stake in B1.PERU - Woodside Petroleum Ltd acquired a 20% stake in Block 108 (B1), an oil and gas exploration and production property, from Pluspetrol Exploracion y Explotacion SA. Concurrently, RelianceIndustries Ltd acquired a 30% stake in B1.PERU - Woodside Petroleum Ltd acquired a 20% stake in Block 108 (B1), an oil and gas exploration and production property, from PluspetrolExploracion y Explotacion SA. Concurrently, Reliance Industries Ltd acquired a 30% stake in B1.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001311:Crude petroleum and natural gas1381:Drilling oil and gas wells1382:Oil and gas field exploration services117651002AustraliaAustralia1311ForeignPublicWPL1311:Crude petroleum and natural gas16030001Argentina1311ForeignPrivate0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/647340spcred/647340normThe latest Full Report from S&Pglobalstructured5/9/2008 4:28:20 AM400Full Report647340AustraliaOil & Gas Exploration & ProductionPacificGlobal IssuersStructured FinanceCorporationsCollateralized Debt ObligationsMetals & MiningGasEnergyFull ReportRobust market outlook for liquefied natural gas (LNG), supported by long-term contracts and good-quality counterparties Low-cost and long-life gas assets with established operating track record Successful reserve-replacement strategy underpinning the company's development pipeline Moderately conservative financial profile. Exposure to volatile oil prices, currency fluctuations, and increasing long-term export competition in LNG markets Increasing capital-development costs and project construction risks Large exploration budget with a focus on accelerating oil reserve replacement, particularly in the company's maturing oil portfolio The rating on Australian-based oil and gas producer Woodside Petroleum Ltd. (Woodside) reflects the company's cost-competitive operations, solid operating track record, incremental cash flow from new projects, and long reserve life. These strengths are partly offset by the company's limited, although improving, geographicAUS98022810102020 101020 1010 10Woodside Petroleum Ltd.118888PACWPL@AUFULLGLOBISSSTRUCCORPCDOMetalsGasEnergyCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/647342spcred/647342normThe latest Summary from S&Pglobalstructured5/9/2008 4:28:20 AM175Summary647342AustraliaOil & Gas Exploration & ProductionPacificGlobal IssuersStructured FinanceCorporationsCollateralized Debt ObligationsEnergyGasMetals & MiningSummaryThe rating on Australian-based oil and gas producer Woodside Petroleum Ltd. (Woodside) reflects the company's cost-competitive operations, solid operating track record, incremental cash flow from new projects, and long reserve life. These strengths are partly offset by the company's limited, although improving, geographic diversity, large capital-expenditure commitments, and vulnerability to movements in the oil price and currency. Woodside's strong business position reflects the expansion of its significant investment in Australian domestic gas and liquefied natural gas (LNG) fields from the North West Shelf Venture (NWSV) in Western Australia, and increasing diversification into oil both in Australia and internationally. Strong cash flows from existing operations, together with existing debt facilities, have funded Woodside's development program, while enabling an active offshore explorationAUS98022810102020 101020 1010 10Woodside Petroleum Ltd.118888PACWPL@AUSUMMARYGLOBISSSTRUCCORPCDOEnergyGasMetalsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/fitch/408275_pr_framefitch/408275_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Woodside Petroleum Ltd.835392653/3/2008 10:12:00 AM01000000010300000103100085Press ReleaseWPL408275_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/ccbn/T1770829ccbn/T1770829norm... - Woodside Petroleum - Managing Director and CEO [Good morning everybody]. #### was a very significant year for Woodside. A number of important decisions and achievements have put the company in a great position to capture our future growth. I'm really quite pleased where our company is positioned right now and very happy what our position is for ####. Now how I see it is everybody's doing an awful lot of talking out there. Our competitors are doing a lot of talking and one thing I'm happy about is Woodside's doing a lot of building and we're bringing on a lot of production. I'm going to give you a brief summary for #### before handing it over to Woodside's CFO, Mark Chatterji. He'll provide you the details on the results. I'll then come back on the phone and take you through the company's outlook. I'm going to go to slide two here, and that's our usual disclaimer. And then moving quickly over to slide three, our financial results, our (inaudible) is good in the current challenging environment.... 2/20/2008 1:06:00 PMWoodside Petroleum54.0000FinalFY 2007 Woodside Petroleum Earnings Presentation TranscriptWPL.AX1:30pm AETTranscriptT1770829Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/fitch/406354_pr_framefitch/406354_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Woodside Petroleum Ltd.835392652/20/2008 10:14:00 AM01000000010300000103100085Press ReleaseWPL406354_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/moodys/COP_831975moodys/COP_831975htmlWoodside Petroleum LtdCredit Opinion1/4/2008 2:21:00 AMWoodside Petroleum Ltd831975150.0000NewshtmlWoodside Petroleum LtdCOP_831975Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/fitch/365842_report_framefitch/365842_report_framepdfWoodside Petroleum Ltd.8353926512/27/2007 10:11:00 AM010000000103000001031000150Credit UpdateWPLFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.365842_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/fitch/397838_pr_framefitch/397838_pr_framehtmlWoodside Petroleum Ltd.8353926512/21/2007 10:12:00 AM01000000010300000103100075Press ReleaseWPLFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.397838_pr_frameCredit & Investment ResearchFitchResearch