Origin continues divestment with upstream IPO

NewCo will include Origin’s interests in the Otway Gas Project, BassGas Project, Kupe Gas Project, and the Perth, Cooper, Bonaparte and Canterbury basins while Origin will retain its interests in
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Central allows Macquarie due diligence

This comes with a view of Macquarie developing an improved proposal on its original bid earlier in the month for 100 per cent of Central at 17.5 cents per share. The Board of Central determined that the
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Narrabri EIS open for public comment

The Narrabri Gas Project has the potential to play a significant role in the domestic energy space and could supply up to 50 per cent of NSW’s gas needs. The EIS will now be assessed by the NSW Government
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Strong finish for Origin

Origin’s quarterly production of 80.1 PJ was a 47 per cent increase on the corresponding period of FY2016 and an 8 per cent increase on the September 2016 quarter. This was primarily because of increased
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AGL’s LNG import plans progressing

The feasibility study for the import terminal is well underway and AGL expect to select the terminal site around mid-2017. AGL expects the potential development to cost between $200 – 300 million,
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AEMO appoints new CEO

AEMO Chair Dr Anthony Marxsen said after an extensive search, the AEMO Board was pleased to appoint such a recognised international expert in energy policy, markets and Smart Grid innovation. “Audrey’s
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Senex secures international funding

Senex has conducted a raising of approximately AU$55 million via a placement to certain EIG-managed funds and other institutional investors at a subscription price of $0.315 per share. Senex Managing Director
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AWE and AGL sign gas deal

The term sheet sets out the commercial terms for the sale of 15 TJ/d of gas, or 5.5 PJ/a, to AGL from the Waitsia Gas Project. This equates to 15 per cent of Stage 2 nominal daily production capacity and
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Origin poaches Woodside CFO

Mr Tremaine joins Origin from Woodside Energy where he was Executive Vice President and CFO. Origin CEO Frank Calabria said he was delighted that Mr Tremaine had joined the Executive Leadership Team at
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