	woodside says loss reflects lower oil prices woodside petroleum ltd wpla s said its net loss largely reflected the drop in oil prices combined with a large tax provision woodside earlier reported attributable net loss rose to mln dlrs in from mln in although group revenue rose to mln from mln it said it should have received a mln dlr tax credit but instead made a mln dlr tax provision this largely related to its vamgas ltd unit non allowable exchange losses and tax benefits from the north west shelf project not recognised in the accounts woodside said the rise in revenue largely reflected full year sales of gas and condensate from the domestic phase of the shelf project against six month sales in offsetting this was a pct fall in the cooper basin gas and liquids revenue of its pct owned vamgas unit since the balance date woodside has accepted a santos ltd stos s takeover offer for vamgas woodside said a mln dlr capital profit on the sale would be included in the accounts it said it lifted capital spending on fixed assets to mln dlrs from mln mostly on the shelf project reuter 
