Aug 17 (Reuters) - Woodside Petroleum Ltd WPL.AX :
* PRE-EMPTS SANGOMAR TRANSACTION
* GIVEN NOTICE EXERCISING ITS RIGHT TO PRE-EMPT SALE BY CAPRICORN SENEGAL LIMITED TO LUKOIL UPSTREAM SENEGAL BV
* UPFRONT PURCHASE PRICE OF US$300 MILLION, INCLUDING REIMBURSEMENT OF CAIRN'S DEVELOPMENT CAPEX INCURRED SINCE 1 JAN 2020
* CO'S EQUITY INTEREST IN RSSD JOINT VENTURE AFTER COMPLETION OF ACQUISITION WILL INCREASE TO ABOUT 68%
* NOTICE REGARDING CAIRN'S ENTIRE PARTICIPATING INTEREST IN RUFISQUE OFFSHORE, SANGOMAR OFFSHORE AND SANGOMAR DEEP OFFSHORE JV
* ACQUISITION TO BE FUNDED FROM WOODSIDE'S CURRENT CASH RESERVES
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