According to the company, it has reported revenue of A$1.64 billion for the fourth quarter of 2008, a 40% increase compared to A$1.17 billion for the same period of 2007. For the fourth quarter of 2008, sales were 22.6 million barrels of oil equivalent, compared to 17.9 million barrels of oil equivalent for the same period of 2007.

Woodside has reported production of 81.3 million barrels of oil equivalent for 2008, a 15% increase compared to 70.6 million barrels of oil equivalent in 2007.

The company said that it has reported revenue of A$5.99 billion for the year 2008, compared to A$4 billion in 2007. For 2008, sales were 22.6 million barrels of oil equivalent, compared to 21.6 million barrels of oil equivalent in 2007.

Woodside is an Australian company engaged in market capitalisation and publicly-traded oil and gas exploration and production. Based in Perth, Western Australia, Woodside has operational assets and exploration and development interests in five continents including Australia and the United States.