Woodside flags US$3.92 billion in impairments

WOODSIDE Petroleum told the market late yesterday it had reviewed its expects post-tax impairment losses amounting to US$3.92 billion (A$5.6 billion) based largely on lower oil and gas prices, which it now expects to be US$65 per barrel, not $80/bbl by 2025. 

Woodside flags US$3.92 billion in impairments Woodside flags US$3.92 billion in impairments Woodside flags US$3.92 billion in impairments Woodside flags US$3.92 billion in impairments Woodside flags US$3.92 billion in impairments