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ORIGIN ENERGY LIMITED — Capital/Financing Update 2016
Jul 24, 2016
65507_rns_2016-07-24_01c5a56a-e4bb-4abe-b318-3df6663a40f9.pdf
Capital/Financing Update
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| ToCompany Announcements OfficeCompanyASX LimitedFromHelen HardySubjectNew Beetaloo well spudded | Facsimile1300 135 638 |
|---|---|
| Date25 July 2016 | |
| Pages2 | |
Please find attached a release on the above subject.
Regards
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Helen Hardy Company Secretary 02 8345 5000
Origin Energy Limited ACN 000 051 696 • Level 45 Australia Square, 264-278 George Street, Sydney NSW 2000 GPO Box 5376, Sydney NSW 2001 • Telephone (02) 8345 5000 • Facsimile (02) 9252 1566 • www.originenergy.com.au
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ASX/Media Release
25 July 2016
New Beetaloo well spudded
Exploration in the Northern Territory’s Beetaloo Basin has progressed, with the fourth of five Stage 1 wells spudded.
Origin Energy Limited (Origin)*, as operator of the Beetaloo Joint Venture, has confirmed that the Beetaloo W-1 well in EP117, Northern Territory, was spudded at 21:00 hours Australian Central Standard Time on 22 July 2016.
The exploration permit is located 500km south-east of Darwin.
BEETALOO JOINT VENTURE Origin Energy Limited (Operator)*: 35% Sasol Petroleum Australia Limited: 35% Falcon Oil and Gas Limited: 30%
- via wholly owned subsidiaries
For further information please contact:
Media Investors Tracy Ong Joanna Nelson External Affairs Manager Group Manager, Investor Relations Ph.: +61 2 8345 5213 Ph.: +61 2 9375 5708 Mobile: +61 408 400 227 Mobile: +61 459 837 251
About Origin Energy
Origin Energy (ASX: ORG) is the leading Australian integrated energy company with market leading positions in energy retailing (approximately 4.2 million customer accounts), power generation (approximately 6,000 MW of capacity owned and contracted) and natural gas production (1,093 PJ of 2P reserves and annual production of 82 PJe).
Through Australia Pacific LNG, its incorporated joint venture with ConocoPhillips and Sinopec, Origin is developing Australia’s biggest CSG to LNG project based on the country’s largest 2P CSG reserves base.