
MELBOURNE (Reuters) - Woodside Petroleum <WPL.AX> and its partners said they were disappointed that Australia and East Timor had failed to settle on a development plan for the Greater Sunrise gas fields between the two countries as part of the process ending a long-running maritime border dispute on Wednesday.
"It is disappointing that this process has not resulted in an alignment on a development concept," a spokeswoman for the Sunrise Joint Venture said in a statement.
Woodside is operator of the Sunrise joint venture, co-owned by Royal Dutch Shell <RDSa.L>, ConocoPhillips <COP.N> and Osaka Gas <9532.T>, which had shelved plans for developing the Greater Sunrise gas fields between East Timor and Australia due to the two nations' border dispute.
(Reporting by Sonali Paul; Editing by Christian Schmollinger)