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Woodside feels market wrath; smooth waters for Lakes

INVESTORS continued to lose faith in Woodside Petroleum this week as the petroleum giant reported more bad news across its various business operations.

Francine Pennington

Woodside feels market wrath; smooth waters for Lakes

WPL closed 3.1% lower for the week to $36.28, representing a 7.1% loss for the month. In addition to slashing its 2006 output target, Australia’s largest independent oil and gas outfit has flagged it...

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