It says that Woody and Lol put their differences aside, leading Woody to believe he is ready to marry her. Then it also says that Woody sees a way to retrieve things with Lol, but her mind is not on love and she is set for a violent confrontation with her father.
This makes me think that there is no way a wedding between Woody and Lol will go ahead. Either she will choose Milky, choose to be alone or choose to be with Woody, but doesn't need marriage.
I hope it's not the first one as that would seem a little cruel and I doubt it. I think Lol choosing to be alone is the most likely and I can see why Shane would do that dramatically. I must admit that I still want Woody and Lol to get together though.

Largely because I am a romantic, but also because I think Woody's character has been the most damaged by this series, whilst Lol's has excelled. Him just never getting Lol back leaves him as a loser.