Tuesday 1 November 2016

Further to Woodside’s ASX announcement dated 14 July 2016, Woodside is pleased to announce completion of the transaction to acquire 100% of the shares in ConocoPhillips Senegal B.V.

The transaction has completed for a purchase price of US$350 million plus net customary adjustments of approximately US$90 million.

The acquisition includes a 35% working interest in three offshore exploration blocks, which contain the SNE and FAN deep water oil discoveries in Senegal.