Following completion of this process, Woodside has decided to retain its current ownership levels in both assets. Macedon continues to be a critical supply source of gas to the Western Australian domestic market and Woodside continues to see strong value in both assets.
Woodside remains disciplined and value-driven when considering any potential merger and acquisition transaction, including divestments.
Both Macedon and Pyrenees will remain within the Australian operations portfolio with a continuing focus on maintaining their outstanding safety and production performance and contribution to ensuring security and reliability of gas supplies in Western Australia.
