Woodside Petroleum

Woodside has discovered gas at the Shwe Yee Htun-1 well in Block A-6 of the Rakhine Basin offshore western Myanmar. The presence of 49 ft of net pay in the target zone was indicated by interpretation of the results, and a gross gas column of 423 ft was encountered, the company said. Further analysis of the discovery is expected. Woodside, the operator, has a 40% stake in the block with the remaining interest held by MPRL E&P (20%) and Total (40%).