Mark Wiseman's questions to WOODSIDE ENERGY GROUP (WDS) leadership • H1 2025
Question
Mark Wiseman of Macquarie Group inquired about the alternative to the Bass Strait operatorship deal and the perceived benefits of absorbing ExxonMobil's experienced staff. He also asked if the recent offer for Santos by XRG Carlisle prompted Woodside to reconsider a merger.
Answer
CEO & Managing Director Meg O’Neill suggested the alternative for Bass Strait would have been continued operation by ExxonMobil, likely without the development of the contingent gas resources. She expressed excitement about bringing in talented ExxonMobil staff. On Santos, she gave a definitive 'absolutely not,' stating Woodside has moved on and that the Louisiana LNG acquisition creates a better portfolio with Atlantic and Pacific basin exposure, which is superior to combining two Pacific-oriented businesses.