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
External Affairs Manager
Ph: +61 2 8345 5213
Mobile: +61 408 400 227
Group Manager, Investor Relations
Ph: +61 2 9375 5708
Mobile: +61 459 837 251
Price review outcome and update on FY2021 guidance
Origin Energy Limited (Origin) has provided the following update on earnings guidance for the year ended 30 June 2021 (FY2021), following an adverse outcome on a domestic gas contract price review, combined with a further deterioration in Energy Markets’ operating conditions.