23 September 2014
Speculant-1 well successfully spudded
Origin Energy is pleased to announce that the Speculant-1 exploration well spudded at 04.00 hours EST on 23 September 2014. The well is being drilled using the rig Ensign 931.
Origin will only advise the market again when well operations have been completed with a summary of results, or of any event that is material.
Well type and location
The Speculant-1 well is situated approximately 3km off the Great Ocean Road in Nirranda South, about 30km south east of Warrnambool, Victoria. Extended reach drilling technology is being employed to access offshore gas reservoirs. Prognosed total measured depth of the well is approximately 3,800 metres.
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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.