News room
Welcome to Origin's News room. Here you can search our archive for previous media releases.
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19 August 2008
Origin Energy advises shareholders to reject BG’s offer
Origin Energy (ASX: ORG) today issued its Target’s Statement advising shareholders to reject BG Group’s (“BG”) conditional takeover offer because it undervalues Origin’s existing business and outstanding prospects. Origin’s Chairman, Mr Kevin McCann, said, “Origin is a strongly performing,... more
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12 August 2008
PML 38146 Exploration Well - Momoho 1 (Offshore Taranaki Basin, New Zealand)
Origin Energy Resources (Kupe) Limited, on behalf of the Kupe Joint Venture, advises that at 2.00pm EST on 7 August, suitable weather conditions prevailed and the ENSCO 107 jack-up rig was released. Partners in the Kupe permit PML38146 are: Origin Energy Resources (Kupe) Limited*... more
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8 August 2008
Origin commits to drill in permit PEP38262, offshore Canterbury Basin, New Zealand
Origin Energy Resources (NZ) Ltd ("Origin"), Operator and 100% interest holder of offshore Canterbury Basin permit PEP 38262, is pleased to advise that on 21 August 2008 it intends to progress into permit Year 4 that carries a commitment to drill an exploration well. The large Carrack/Caravel... more
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6 August 2008
Kenyan Ministry of Energy grants extension to First Additional Periods of PSCs relating to Blocks L8 and L9, offshore Lamu Basin
Origin Energy (Kenya) Ltd (“Origin”), as Operator, is pleased to advise that, subject to the completion of further specialist seismic work, the Kenyan Ministry of Energy has granted a six month extension to the First Additional Period of Production Sharing Contracts (PSCs) for Blocks L8 and L9... more
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6 August 2008
Chairman of Origin Energy highlights the role of good governance in Australia’s transition to a lower emissions future
Speaking on climate change and its impact on the Australian economy, directors and business, at the Australian Institute of Company Directors today, Origin Energy Chairman, Kevin McCann said, “Climate change policy isn’t just about the Green Paper and the Carbon Pollution Reduction Scheme. It is... more
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4 August 2008
170,000 students celebrate Origin's Energy Safety Week
More than 170,000 pre-school and primary school children will learn to use gas and electricity safely at home and outdoors this week as part of Origin’s Energy Safety Week. Most injuries to children involving gas and electricity occur at home and can be easily avoided. Energy Safety Week aims to... more
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4 August 2008
Origin Energy: Renewable Energy scheme must not crowd out promising long-term technologies
Following the close of submissions to the COAG Working Group on Climate Change and Water, Origin Energy today confirmed its support for the Federal Government’s commitment to increase the Renewable Energy Target (RET) to 20 per cent by 2020. However, in supporting the expansion of the... more
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31 July 2008
Quarterly Production Report for the Quarter ended 30 June 2008
Origin Energy Limited (Origin) hereby submits this Quarterly report to the Australian Stock Exchange which covers the activities of wholly owned subsidiaries Origin Energy Resources Limited and Origin Energy CSG Limited in the areas of gas and oil exploration and production. Click here to view... more
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31 July 2008
Origin Energy announces a year-on-year increase in 2P reserves of 2,299 PJ, together with record production and sales revenue for the Exploration and Production segment.
Origin Energy Ltd (“Origin”) today announced that following its annual review of reserves across its Exploration and Production (E&P) interests, Proved and Probable (2P) reserves have increased by 66% from 3,471 petajoules equivalent (PJe) to 5,770 PJe. more... more
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31 July 2008
Origin Energy corrects misleading disclosure in BG’s Bidder’s Statement
Origin Energy Limited (“Origin”) has requested the Takeovers Panel withdraw the application it made on 24 July 2008 in relation to the disclosure in the Bidder's Statement lodged by BG Group plc (“BG”). Origin notes the announcement by the Takeovers Panel acceding to this request. BG has now... more
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31 July 2008
PML 38146 Exploration Well - Momoho 1(Offshore Taranaki Basin, New Zealand)
Untitled Document Origin Energy Resources (Kupe) Limited, on behalf of the Kupe Joint Venture, advises that at 12.00pm EST on 30 July the rig was waiting for appropriate weather conditions to set the final surface cement plug and conduct a seabed survey, prior to jacking down and... more
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30 July 2008
Contact secures additional Pohokura gas
Contact Energy has entered into a new gas sale agreement with OMV for the supply of an additional 32 petajoules of natural gas from the Pohokura gas field. This supply will commence at the completion of the existing arrangement with OMV, on 31 March 2012, and will terminate on 31 December 2013.The... more
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25 July 2008
Origin welcomes investment opportunities identified in esaa report on emissions trading
Origin Energy today welcomed the release of a report by the Energy Supply Association of Australia (esaa) on the impact of an emissions trading scheme on the Australian economy. In particular Origin is encouraged to see further confirmation of the substantial investment in new generation that will... more
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24 July 2008
PML 38146 Exploration Well - Momoho 1(Offshore Taranaki Basin, New Zealand)
Untitled Document Origin Energy Resources (Kupe) Limited, on behalf of the Kupe Joint Venture, advises that at 12.00pm EST on 23 July the following plug and abandonment operations have been completed on Momoho 1: A two stage cement plug has been placed across the entire open-hole... more
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23 July 2008
Origin secures long term Queensland electricity hedge
Origin Energy today announced completion of an electricity hedge purchase and gas supply agreement with the Braemar 2 Partnership* that will support the supply of electricity products to Origin customers in Queensland. The final agreements with Braemar 2 Partnership support the financial close and... more
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21 July 2008
Contact investigating Waitahora wind farm project
Contact Energy today said it was investigating a new wind farm project on the remote Puketoi Range near Dannevirke in Southern Hawke’s Bay. The proposed Waitahora wind farm would be up to 177 megawatts in size and would cost around $500 million to develop. The project would involve up to 65... more
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17 July 2008
PML 38146 Exploration Well Momoho 1 - third small discovery along structural trend (Offshore Taranaki Basin, New Zealand)
Untitled Document Origin Energy Resources (Kupe) Limited, on behalf of the Kupe Joint Venture, advises that the Momoho 1 exploration well has discovered a small gas condensate pool within thin, good quality sandstones of the Palaeocene Farewell Formation, the third indication of... more
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16 July 2008
Origin Energy welcomes the Green Paper as an important step on the path to a lower-emissions economy
Origin Energy today welcomed the release of the Federal Government’s Green Paper on climate change: “Climate change poses particular risks for Australia. We strongly endorse the Government’s view that it is in our national interest to help forge an effective global response to climate change and... more
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15 July 2008
Geodynamics and Origin Energy reach renewable energy milestone in Cooper Basin Joint Venture
Origin Energy Managing Director Grant King and Geodynamics Managing Director Gerry Grove-White today confirmed the achievement of a key milestone of their geothermal energy joint venture in South Australia. Achieving this milestone represents an important step on the road to developing this... more
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15 July 2008
Households need help to manage the transition to emissions trading
In anticipation of the Government’s Green Paper to be delivered this week, Origin Energy has reinforced the importance of support for Australian households with the Government’s introduction of an emissions trading scheme. “As we look at the various options for reducing... more
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11 July 2008
Contact Energy 2008 Annual Meeting
Contact Energy Limited confirmed today that its annual profit result would be released to the New Zealand Exchange on 26 August 2008. Contact also advised that it would hold its next annual meeting of shareholders in Auckland on 23 October 2008.Shareholders are advised that, subject to Contact’s... more
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11 July 2008
Origin and Together: delivering more green energy solutions to Australian households
As part of Origin’s ongoing commitment to help customers reduce their carbon footprint, Origin is proud to announce today that it has joined The Climate Group as a Foundation Partner of Australia’s ‘Together’ campaign. After a successful start in the UK and USA , the... more
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10 July 2008
PML 38416 Exploration Well - Momoho 1(Offshore Taranaki Basin, New Zealand)
Untitled Document Origin Energy Resources (Kupe) Limited, on behalf of the Kupe Joint Venture, advises that as of 12 pm EST on 9 July, the following operations have been completed on Momoho 1: • The 12-1/4 inch section was drilled to a final depth of 2,898m MDRT... more
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7 July 2008
PML 38146 Exploration Well - Momoho 1(Offshore Taranaki Basin, New Zealand)
Origin Energy Resources (Kupe) Limited, on behalf of the Kupe Joint Venture, advises that at 7.30 am New Zealand time this morning the exploration well Momoho 1 had reached a depth of 2,898m and the drill crew was preparing to pull out of hole prior to running 9-5/8 inch casing. The well... more
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4 July 2008
Origin Energy rejects BG Group’s unsolicited conditional takeover bid
Following consideration of BG Group plc’s (“BG”) proposed conditional off-market takeover bid, the Board of Origin Energy Limited (“Origin”) announced today that it intends to recommend that shareholders reject BG’s bid of $15.50 cash per share (less any final dividend). Origin’s Chairman, Mr... more
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3 July 2008
PML 38416 Exploration Well - Momoho 1(Offshore Taranaki Basin, New Zealand)
Untitled Document Origin Energy Resources (Kupe) Limited, on behalf of the Kupe Joint Venture, advises that as of 12 pm EST on 2 July, the following operations have been completed on Momoho 1: • The 17 inch section was drilled to a final depth of 1,845m MDRT... more
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1 July 2008
Contact Energy Centennial Drive binary update
Contact Energy yesterday entered into agreements with Ormat, a geothermal equipment manufacturer and constructor, to supply and construct a 23.3 megawatt binary power station on Centennial Drive, Taupo for $60 million. Ormat supplied and constructed the Wairakei binary plant for Contact in 2004 and... more
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26 June 2008
PML 38416 Exploration Well - Momoho 1(Offshore Taranaki Basin, New Zealand)
Untitled Document Origin Energy Resources (Kupe) Limited, on behalf of the Kupe Joint Venture, advises that as of 12 pm EST on 25 June, the following operations have been completed on Momoho 1: • The 22 inch section was drilled to a final depth of 561m MDRT... more
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24 June 2008
BG Group Takeover Announcement
Origin Energy Limited (“Origin”) has today received advice from BG Group plc (“BG”) that it intends to make a conditional cash offer of $15.50 per share to acquire all of the shares in Origin. Shareholders are advised that they should take no action in relation to the offer or any documents they... more
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22 June 2008
Origin seeks ideas for water use
Untitled Document Australia’s leading sustainable energy company, Origin, is calling for ideas on ways of optimising the commercial and beneficial uses of water produced and treated at its Coal Seam Gas (CSG) operations in south western Queensland. At present, water is... more