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Origin Announces Board Change

Origin Energy Limited (Origin) today announced that Sir Ralph Norris has advised that, because he intends to reduce his public company board commitments, he will not seek re-election at the 2015 Annual General Meeting, and will retire prior to that date. Sir Ralph joined the Board in April 2012 as an independent Non-executive Director.

Origin appoints Steve Sargent to its Board

Origin Energy Limited (Origin) Chairman Mr Gordon Cairns today announced Mr Steve Sargent has joined the Origin Board as an independent Non-executive Director to fill a vacancy. Mr Sargent also joins the Health, Safety & Environment and Remuneration committees.

Yolla-6 production well reaches total depth

Origin Energy Limited (Origin), as Operator of the BassGas Joint Venture, today announced that the Yolla-6 production well, which spudded at 21:30 hours AEDT on 14 March 2015, had reached total depth of 3,653m MDRT (Measured Depth Below Rotary Table).

Credit rating update

Origin Energy Limited (Origin) notes that Standard & Poor’s today revised its long term senior unsecured credit rating for Origin from BBB (negative outlook) to BBB- (stable).

Australia Pacific LNG powers up with first gas generator

Australia Pacific LNG today announced it had reached a significant milestone with the successful start-up of the first of seven gas turbine power generators, designed to provide electrical power to the Curtis Island LNG facility.

Contact Energy half year report to shareholders

The first half of the 2015 financial year was a transitional period for Contact as the new retail customer billing and service system and the Te Mihi geothermal power station were integrated into the business following their commissioning earlier in 2014.