Brief: Woodside Energy Exercises Right To Pre-Empt Sale Of CNPC's 10.67% Browse JV Interest
12/06/2026 24:54
BRIEF-Woodside Energy Exercises Right To Pre-Empt Sale Of CNPC's 10.67% Browse JV Interest June 12 (Reuters) - Woodside Energy Group Ltd WDS.AX:
WOODSIDE EXERCISES BROWSE PRE-EMPTION RIGHT
EXERCISES RIGHT TO PRE-EMPT SALE OF CNPC'S 10.67% BROWSE JV INTEREST
TO PAY CNPC $225 MILLION PLUS BROWSE JV CASH CALL REIMBURSEMENT
EQUITY INTEREST IN BROWSE JV TO INCREASE TO 41.27% AFTER ACQUISITION
TO PAY CNPC $175 MILLION CONTINGENT ON FINAL INVESTMENT DECISION BY JUNE 2032
Further company coverage: WDS.AX
((Reuters.Briefs@thomsonreuters.com;))
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