Sarah Kerr

Sarah Kerr asked about Woodside's strategy for Bass Strait in Australia, given renewed exploration and discoveries by smaller developers near Woodside's infrastructure, inquiring if Woodside plans more organic backfill or partnerships.

Answer

Acting CEO Liz Westcott noted Bass Strait's significant contribution to East Coast gas demand and Woodside's upcoming operatorship from ExxonMobil in mid-2026. She identified four potential development wells that could deliver up to 200 petajoules of sales gas and expressed interest in further development opportunities.

Sarah Kerr asked about Louisiana LNG's position within the US gas market, considering the winter demand fluctuations and increasing demand from utilities and data centers, and Woodside's confidence in securing feedstock at a reasonable price. She also inquired about Woodside's strategy for Bass Strait in Australia, given renewed exploration and smaller developers near Woodside's infrastructure, asking if the company is pursuing more organic backfill or partnering with smaller developers.

Answer

Meg O'Neill (CEO and Managing Director, Woodside Energy Group) expressed confidence in Louisiana LNG's ability to leverage the abundant US domestic gas supply, noting over 1.1 trillion cubic feet available. She highlighted committed transport infrastructure and a foundational contract with BP for supply, ensuring access to necessary gas. For Bass Strait, Meg O'Neill stated that as Woodside takes over operatorship from ExxonMobil in mid-2026, they have identified four potential development wells that could deliver up to 200 petajoules of sales gas to the market, indicating an interest in organic backfill.