Legal Counsel. Woodside issued more than 914 million new shares to BHP Group to close the deal. . BRISBANE (Reuters) -Woodside Petroleum's shareholders on Thursday voted for a merger with BHP Group's petroleum arm to create a top 10 global independent oil and gas producer worth $40 billion . 16/21. Submitted By (Co./ Ind. Climate Report 2021 Overview Presentation; Court dismisses challenges to environmental approvals; See all investor . At this valuation, which is subject to change, the in specie dividend would be US$4.62 with US$1.98 of franking credits being distributed per BHP share (US$10.0 billion of franking credits in total). Woodside shares are traded on the ASX. The company produces oil and. "Apart from Scarborough, Woodside does not have a lot of viable growth options and petroleum isn't really a core part of BHP's portfolio nowadays. 17 June 2020 - Morgan Stanley Virtual Meeting. WOODSIDE MERGER TELECONFERENCE AND INVESTOR PRESENTATION A teleconference providing an overview of the proposed merger between Woodside and BHP's petroleum business will be hosted by Woodside Chairman Richard Goyder, CEO Meg O'Neill and CFO Sherry Duhe at 16.00 AWST (18.00 AEST) today. BHP Group and Woodside Petroleum Ltd. approved investment in a $12 billion Australian gas project as the companies also confirmed details of a merger to combine their energy assets. Based on Woodside's share price of US$25.55 at 6 April 2022, the implied value of BHP Petroleum is US$23.4 billion. 12 May 2020 - BofA Securities Virtual 2020 Global Metals, Mining and Steel Conference. SG220408OTHROX2Y. Woodside has confirmed it is in discussions with BHP about a potential merger involving BHP's entire petroleum business. For online and other support, please contact Computershare directly through the details on this page. Shareholder materials released for BHP Petroleum merger 4 WOODSIDE AND BHP PETROLEUM MERGER The proposed merger with BHP's petroleum business will create a global . Given the SSA announcement was released after Monday trading, shareholders . Woodside and BHP to create a global energy company. Through online services, security holders can view their holdings, obtain statements and maintain their personal information. The deal, previously announced in August, will create a global top 10 energy company and the largest of its kind on the ASX.. |. On completion of the Transaction, BHP's oil and gas business would merge with . BHP and Woodside have agreed a deal whereby Woodside will acquire BHP's Petroleum business. The merger between oil and gas major Woodside Energy Group and diversified miner BHP's petroleum assets have been completed. BRISBANE (Reuters) -Woodside Petroleum's shareholders approved on Thursday a merger with BHP Group's petroleum arm to create a top 10 global independent oil and gas producer worth $40 billion, according to proxy votes shown at the company's annual meeting. O'Neill said last week that Woodside has received strong interest from companies for a stake in the project. . "BHP and Woodside Petroleum entered into a share sale agreement (SSA) for the merger of BHP's oil and gas portfolio with Woodside by an all-stock merger on 22 November 2021," the release noted today. The company advised that it continuously reviews the composition of its asset portfolio and opportunities to create and deliver value for shareholders. ASX Announcements. EMRC and Woodside collaborate on innovative carbon re-use pilot project. Analyst Report: BHP Group Limited BHP is a leading global diversified miner supplying iron ore, copper, oil, gas, and metallurgical. The new entity would be among the largest independent energy companies in the . Merger update and details of Woodside share distribution BHP Group Limited BHP Group Limited ABN 49 004 028 077 Registered in Australia Registered Office: Level 18, 171 Collins Street Melbourne VIC 3000 Share code: BHG ISIN: AU000000BHP4 NEWS RELEASE Release Time IMMEDIATE Date 8 April 2022 Release Number 11/22 Update on BHP . The Woodside deal will combine the two companies' oil and gas businesses through an all-stock transaction. The scheme documentation will be released in March, Shareholder voting happens in April with BHP's divestment into this expanded . BHP-Woodside merger is mutually beneficial 23/08/2021 Post-merger Woodside would be well positioned to deliver on the value we've seen for a long time, say Morningstar analysts.---- Investors are getting serious about sustainability 16/08/2021 But the sector lacks uniformity . 4 Woodside Petroleum, Ltd. =Woodside and BHP Petroleum merger investor presentation. Woodside's share register is managed by Computershare Investor Services Pty Ltd. WPL Ann: Woodside and BHP Petroleum merger investor presentation Price Sensitive: Y Date: 8th Apr 2022, 12:45pm >>> Read announcement: Google: WPL Market Announcements 5 As stated in the =Climate Report 2021, > Woodside's existing emissions reduction targets consist of reducing net equity Scope 1 and Scope 2 greenhouse gas emissions by 15% in 2025 and 30% in 2030; aspiration of net zero emissions by 2050 or . It is a pleasure to speak with you today. BHP will shortly provide a further update on the proposed in specie dividend of the Woodside shares. WOODSIDE AND BHP PETROLEUM MERGER Audio webcast. Past presentations and events. BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) entered into a share sale agreement (SSA) for the merger of BHP's oil and gas portfolio with Woodside by an all-stock merger (Merger) on 22 . Both of these ratings came after the merger investor presentation between Woodside Petroleum Limited and BHP's petroleum division. Wrap Text. Innovation 11 Jan 2021. Woodside Petroleum Ltd. ACN 004 898 962 . Woodside and BHP Petroleum merger investor presentation - (ASX:WPL) - StockTrack Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Oceania, Asia, Canada, Africa, and internationally. Name) Mairead Reidy. 8 April 2022 an investor presentation which is available here. Announcement Reference. Woodside Petroleum Ltd. ACN 004 898 962 . www.woodside.com.au . Woodside Petroleum does not expect heavy selling of the company's shares by BHP Group investors if Woodside's acquisition of BHP's petroleum business goes ahead in June, Chief Executive Meg O'Neill said on Tuesday. On 12 April 2022, Woodside announced that the UK Financial Conduct Authority (FCA) had approved the UK . The presentation should be read in conjunction with the Merger Explanatory Memorandum and Independent Woodside has acquired the entire share capital of BHP Petroleum . : 001-09526) . Download. Woodside Petroleum Ltd ("Woodside") and BHP Group ("BHP") have entered into a merger commitment deed to combine their respective oil and gas portfolios by an all--stock merger (the "Transaction") to create a global top 10 . The presentation was followed by a question and answer session, viewable here. The announcement is marked as price sensitive, and is 32 page (s) in length and 4.09MB in size. As we announced earlier this afternoon, Woodside and BHP have entered into a merger commitment deed to combine BHP's oil and gas portfolio with Woodside through an all-stock merger. The $40 billion blockbuster merger of BHP Group Ltd's oil and gas portfolio with Woodside Petroleum Limited has been completed after both companies signed a binding share sale agreement (SSA).. After completion, Woodside will Woodside Energy Group listed on the London Stock Exchange on Monday, following the completion of a merger between the firm and the oil and gas business of mining giant BHP Group. woodside and bhp petroleum merger investor presentation 8 april 2022 [email protected] disclaimer, important notes and assumptions transaction and presentation of information on a pro forma, post-merger basis the proposed combination of woodside petroleum ltd ("woodside") and bhp group limited's ("bhp") oil and gas business by an Woodside and BHP as project partners have developed a plan to targeted final investment decision for Scarborough (Australia) by the end of 2021, prior to the proposed completion date for the merger. BHP's exit from petroleum, which made up just 5% of its annual earnings, speeds up its exit from fossil fuels amid pressure from . Transcript. The in specie dividend is scheduled to be paid on 1 June 2022 and will be fully franked. May 19, 2022; 19; page. > 8 April 2022. 25 Apr 2022. BHP shareholders will hold a 48% stake in the . BHP Group PLC () and Woodside Petroleum Ltd have announced plans to merge their respective oil and gas portfolios.. BHP received 914.8mln Woodside shares for the sale of BHP . Company Presentation. 4 Woodside Petroleum, Ltd. =Woodside and BHP Petroleum merger investor presentation. . INVESTOR UPDATE 2021 . Since selling its shale business to BP PLC (NYSE: BP) in 2018 for $10.5 billion, one of BHP's focuses has been growing its offshore production in the Gulf of Mexico. 8 April 2022 an investor presentation which is available here. This will see Woodside acquire the entire . The independent expert concluded that the merger is in the best . Put simply, BHP's global petroleum business will be merged with Woodside, creating a larger, more resilient Woodside with the financial strength to fund growth . ALL of the BHP documentation describes this situation as a merger, but none of it was written in a way that makes it easy for the small shareholder to understand what it going on.I have a small BHP holding which I inherited and that is the limit of my interest in shares, so when their media material started warbling on about a 'fully franked in specie dividend' and a transfer of Woodside . the same "Disclaimer, important notice and assumptions" contained in pages 2 to 3 of Woodside's investor presentation titled "Woodside and BHP petroleum merger" dated 17 August 2021; and the same "Disclaimer" contained in page 2 of BHP's investor presentation titled "Growing value and positioning for the future" dated 17 . According to the release, the two parties have signed a binding share sale agreement (SSA) for the merger of BHP's oil and gas portfolio with Woodside. 01 Jun 2022 - Woodside Energy says it has completed its merger with BHP's oil and gas portfolio and new Woodside shares will start trading this week. Designation. s. View all BHP announcements. Mar 2022. Other Recent Announcements from BHP; Determination of in specie dividend - Woodside Merger: 20 May 2022, 8:27: BMO Global Farm to Market Conference Presentation: 19 May 2022, 19:23: BHP Board Update: 19 May 2022, 18:32: WPL:Woodside merger teleconference and investor presentation 17 August 2021, 16:48: Woodside and BHP to create a global energy . Cores for celebration. WOODSIDE AND BHP PETROLEUM MERGER 17 August 2021 www.woodside.com.au [email protected] INVESTOR PRESENTATION INTRODUCTION Disclaimer, important notes and assumptions 2 Transaction and presentation of information on a pro forma, post -merger basis The proposed combination of Woodside Petroleum Limited (" Woodside Woodside will acquire the entire share capital of BHP Petroleum International Pty Ltd (BHP Petroleum) in exchange for new Woodside shares. BHP has also approved $1.5 billion in capital expenditure for . Announcement Woodside and BHP agree to create a global energy company Woodside and BHP Group have signed a binding share sale agreement for the merger of BHP's oil and gas portfolio with Woodside. The merger of BHP Limited (now . MELBOURNE, Aug 18 (Reuters) - Shares in BHP Group (BHP.AX) and Woodside Petroleum (WPL.AX) fell on Wednesday as investors on both sides raised questions about the value of the Perth-based oil and gas group's proposed $29 billion merger with BHP's petroleum arm. INVESTOR UPDATE 2021 TRANSCRIPT . We recommend participants pre-register via the following link: Subject to completion occurring, BHP is expected to receive 914,768,948 newly issued Woodside ordinary shares. Release Number. We agreed the merger with BHP's petroleum business, took final investment decisions on Scarborough and Pluto Train 2, agreed to sell down Pluto Train 2 and announced a target to invest $5 billion . For personal use only ASX Announcement Woodside Petroleum. This document has been prepared by Woodside and relies on information provided by BHP ("BHP Information"). Although Woodside has taken steps to confirm the BHP Information, it has not independently verified it and expressly Woodside/BHP merger Merger brings international portfolio in GOM, Trinidad and Tobago etc Woodside has really bad experience with international operations The merger doubles the size of Woodside in one hit As well, it creates a far more complex organisation But the real killer is taking on BHP's decomissioning liability. Meg O'Neill: Thank you for joining me for this investor update presentation. Release Time IMMEDIATE Date 17 August 2021 Release Number 16/21. MELBOURNE, Aug 17 (Reuters) - BHP Group has agreed to sell its petroleum business to Woodside Petroleum in a merger to create a top 10 independent oil and gas producer worth A$38.5 billion ($28 billion) with growth assets in Australia and the Americas. Update on BHP Petroleum and Woodside merger and share distribution information. On 12 April 2022, Woodside announced that the UK Financial Conduct Authority (FCA) had approved the UK . BHP Group has announced that the merger of its oil and gas portfolio with Woodside Energy Group has completed. While a 6% fall in BHP's share price was linked to www.woodside.com.au . This followed the release of a presentation to Woodside shareholders covering details of the proposed merger with the petroleum division of BHP Group Ltd . MELBOURNE, Aug 18 (Reuters) - Shares in BHP Group (BHP.AX) and Woodside Petroleum (WPL.AX) fell on Wednesday as investors on both sides raised questions about the value of the Perth-based oil and. Contacts: This ASX announcement was approved and authorised for release by Woodside's Disclosure Committee. Key points include: Merger ratio - on completion at 1 June 2022, the merged business will be owned approximately 52 per cent by existing Woodside shareholders and 48 per cent by BHP shareholders. The presentation should be read in conjunction with the Merger Explanatory Memorandum and Independent Expert Report (which should be read in their entirety) released to the ASX today. BHP Group Limited (LSE:BHP) said the all-stock merger of its oil and gas portfolio with Woodside Energy Group was completed on Wednesday. Woodside and BHP Proposed Merger. while emphasising how the BHP Petroleum merger will beef up Woodside's ability to invest in cleaner energy. Mia Yellagonga 11 Mount Street Perth WA 6000 Australia . Woodside and BHP Petroleum merger investor presentation. Dividend entitlement - BHP received 914,768,948 Woodside shares as consideration for the sale of BHP Petroleum. Speech. This presentation will be used for investor and stakeholder engagement in advance of the shareholder vote on the merger at Woodside's 2022 Annual General Meeting to be held at 10.00am (AWST) on 19 May 2022. The proposed merger between Woodside and BHP's petroleum business has been described as "company changing" and "transformational". Woodside Energy is the top performers on the ASX today after the group completed its $27 billion buyout of BHP's petroleum business. Woodside and BHP to create a global energy company. BHP BHP Group Limited Filing of Certain Prospectuses and Communications in Connection With Business Combination Transactions (425) Filed by Woodside Petroleum Ltd. Pursuant to Rule 425 of the Securities Act of 1933 Subject Company: BHP Group Ltd (Commission File No. . At the final bell, the oil and gas . The merger, agreed last August, advances top global miner BHP's effort to move away from fossil fuels, as it looks to decarbonise, while . Woodside owns 100% of the Scarborough project following its merger with BHP Group's , petroleum arm. BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) entered into a share sale agreement (SSA) for the merger of BHP's oil and gas portfolio with Woodside by an all-stock merger (Merger) on 22 . > 8 April 2022. BHP Group BHP and Woodside Petroleum Ltd recently signed a binding share sale agreement to merge their respective oil and gas portfolios. Description (Please provide a detailed description of the event in the box below) Woodside and BHP Petroleum merger investor presentation. FY2020. However, BHP is in the red after a ratings downgrade. Information in this presentation that is presented on a post-merger basis must be read subject to that uncertainty. You can view all announcements from WPL and see how they appear on a price chart on the announcements page. Woodside Petroleum Ltd ("Woodside") and BHP Group ("BHP") have entered into a merger commitment deed to combine their respective oil and gas portfolios by an allstock merger (the "Transaction") to create a global top 10 independent energy company by production. It was ranked the 161st most shorted stock on the ASX. "The rationale for the merger with BHP's petroleum business is compelling. Transcript. At the date of this announcement, WPL was 1.093% short sold according to ASIC data. Woodside Petroleum Ltd ("Woodside") and BHP Group ("BHP") have entered into a merger commitment deed to combine their respective oil and gas portfolios by an allstock merger (the "Transaction") to create a global top 10 independent energy company by production. the same 'Disclaimer, important notice and assumptions' contained in pages 2 to 3 of Woodside's investor presentation titled 'Woodside and BHP petroleum merger' dated 17 August 2021; and the same 'Disclaimer' contained in page 2 of BHP's investor presentation titled 'Growing value and positioning for the future' dated 17 August 2021, each with . the same "Disclaimer, important notice and assumptions" contained in pages 2 to 3 of Woodside's investor presentation titled "Woodside and BHP petroleum merger" dated 17 August 2021; and the same "Disclaimer" contained in page 2 of BHP's investor presentation titled "Growing value and positioning for the future" dated 17 . T +61 8 9348 4000 . The pre-recorded Investor Update 2021 can also be viewed at any time here. The expanded Woodside is expected to be 48%-owned by existing BHP shareholders and 52%-owned by existing Woodside shareholders, and it will remain listed on the Australian Securities Exchange, while BHP will end its dual-listing in London. Woodside shareholders are set to vote on Thursday on a $40 billion merger to create a top 10 global independent oil and gas producer. Shareholder materials released for BHP Petroleum merger 4 WOODSIDE AND BHP PETROLEUM MERGER The proposed merger with BHP's petroleum business will create a global . 20 May 2020 - Goldman Sachs Virtual Investor Conference. BHP received 914,768,948 Woodside shares as consideration for the sale of BHP Petroleum. BHP has paid the in specie dividend and distributed Woodside shares today in line with the details described in BHP's announcement on 20 Woodside CEO Meg O'Neill presented an update on Woodside's strategy and value proposition in a virtual event on Wednesday 8 December. BHP Group has agreed to sell its petroleum business to Woodside Petroleum in a merger to create a top 10 independent oil and gas producer worth A$38.5 billion ($28 billion) with growth assets in . Mining giant BHP announced Tuesday it will merge its oil and gas assets with Australia's Woodside, in a multibillion-dollar deal that sees BHP exit the liquid fossil fuel business. the same 'Disclaimer, important notice and assumptions' contained in pages 2 to 3 of Woodside's investor presentation titled 'Woodside and BHP petroleum merger' dated 17 August 2021; and the same 'Disclaimer' contained in page 2 of BHP's investor presentation titled 'Growing value and positioning for the future' dated 17 August 2021, each with . 20 May 2022 The Board of BHP Group (BHP) has determined to pay to BHP shareholders an in specie dividend in the form of Woodside Petroleum Ltd (Woodside) shares in connection with the merger of BHP's oil and gas portfolio with Woodside (Merger). WOODSIDE AND BHP PETROLEUM MERGER INVESTOR PRESENTATION Attached is a presentation summarising the strategic rationale of the proposed merger between Woodside and BHP's petroleum business. Mia Yellagonga 11 Mount Street Perth WA 6000 Australia . Woodside is pursuing a merger with BHP's petroleum business to create a larger, more resilient Woodside with the financial strength to fund growth and thrive through the energy transition. BHP shareholders will receive payment in WPL shares with BHP shareholders set to own around 48% of the combined entity. BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) entered into a share sale agreement (SSA) for the merger of BHP's oil and gas portfolio with Woodside by an all-stock merger (Merger) on 22 November 2021.On completion of the Merger, the combined company is expected to have a high margin oil portfolio, long life . PDF. T +61 8 9348 4000 . BHP and Woodside are working towards completion of the Merger, which is scheduled for 1 June 2022. 5 As stated in the =Climate Report 2021, > Woodside's existing emissions reduction targets consist of reducing net equity Scope 1 and Scope 2 greenhouse gas emissions by 15% in 2025 and 30% in 2030; aspiration of net zero emissions by 2050 or . The acquisition was completed on 1 June 2022, and elevates Woodside to being a top 10 global independent energy company based on hydrocarbon production of 193 million barrels of oil equivalent . MELBOURNE, April 8 (Reuters) - Australian gas producer Woodside Petroleum Ltd's (WPL.AX) agreed merger with BHP Group's (BHP.AX) petroleum arm is in the best interest of its shareholders, an. Woodside's share price closed at AU$29.76 ($21.40) on May 31, valuing the acquisition at $19.5 billion US dollars. | April 8, 2022 Woodside Energy Group Limited. 08 Apr 2022 Woodside has issued a presentation summarising the strategic rationale of the proposed merger between Woodside and BHP's petroleum business.