12 February 2014
Drilling commences in New Zealand's Canterbury Basin
Origin Energy Limited (Origin) advises that PEP 38264 operator, Anadarko Petroleum Company, on behalf of the joint venture, commenced drilling the Caravel-1 exploration well at 16:44 hours local time on 10 February 2014.
Well type and location
Caravel-1 is located in the Canterbury Basin offshore New Zealand. The drillship Noble Bob Douglas is expected to take about 40 days for this drilling operation, which will reach an expected total depth of 2,800m subsea in a water depth of 1,105m.
PEP 38264 Joint Venture
|Anadarko New Zealand Company (Operator)||45%|
|Origin Energy Limited*||45%|
|Discover Exploration Canterbury NZ BV||10%|
* Through its wholly owned subsidiary Origin Energy Resources NZ Limited.
PEP 38264 Canterbury Basin
Senior External Affairs Manager
Ph: +61 2 9375 5834
Mobile: +61 417 851 287
Group Manager, Investor Relations
Ph: +61 2 9375 5816
Mobile: +61 467 799 642
Origin expects to recognise non-cash charges for FY2021 and issues guidance for FY2022
Origin Energy Limited (Origin) expects to recognise non-cash post-tax charges of $2,247 million in its FY2021 Statutory Income Statement to be released with its full-year results on 19 August 2021. Origin has also issued guidance for FY2022.