2012 Half Year Results Media Presentation - Origin Energy

Asset reliability is currently being optimised in anticipation of
industry gas demand tripling over the next 5 years
2,500
2,000
1,500
1,000
500
0
PJ
East coast gas production 2000-2017 (PJ)
LNG
Ramp Gas
East Coast
Source: EnergyQuest Feb 2012
Gas demand
expected to triple
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Calendar Years
• Origin currently supplies around 15% of
eastern Australia‟s gas
• Maintenance & enhancement of offshore assets
creates flexibility to address opportunities as
LNG projects ramp-up gas production through
to 2017
• In addition upside potential exists in all major
regions in which Origin is involved
• Cooper Basin – contingent resources,
deep gas and shale gas
• Surat / Bowen – Ironbark CSG, deep gas
potential in Surat and Bowen
• Otway Basin - spare plant capacity,
Geographe development, Halladale &
Black Watch fields, Thistle exploration
Source: EnergyQuest February 2012
LNG well assumptions: FY2012, gas production new permits
estimates for LNG
projects that have reached FID. Based on company
announcements for contracted offtake from two trains,
• Bass Basin – BassGas MLE and upside in
with start-up staggered over two years for each project.
Fuel Trefoil, gas assumed Rockhopper to be 10%. and further
exploration
Origin has a diverse equity gas position in eastern Australia, with upside
potential identified in all regions
30 |
LNG assumptions (source: EnergyQuest): gas production estimates for LNG projects that have reached FID. Based on company announcements for contracted
offtake from two trains, with start-up staggered over two years for each project. Fuel gas assumed to be 10%.