Woodside Reports Higher Contingent Resource from 2 Myanmar Discoveries

Australia’s Woodside Petroleum Ltd. reported Friday an increase in its best estimate contingent resource (2C) by 83 million barrels of oil equivalent (MMboe) to 4,481 MMboe following the announcement of two gas discoveries offshore Myanmar in first quarter 2016 (1Q 2016). Woodside announced the discovery of 105 foot (32 meter) net gas pay (increased from […]