2012 Half Year Results Media Presentation - Origin Energy
2012 Half Year Results Media Presentation - Origin Energy
2012 Half Year Results Media Presentation - Origin Energy
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<strong>Origin</strong> is exploring for resources in regions that offer high<br />
prospectivity and access to growing markets…<br />
New Zealand<br />
• Anadarko, as operator, continued preparations to drill Caravel-1 in the<br />
offshore Canterbury Basin in late <strong>2012</strong> targeting significant gas and liquids<br />
• Manutahi oil project delivering encouraging early results onshore Taranaki<br />
South East Asia<br />
• Dao Ruang-3 appraisal drilling in the Khorat Plateau onshore Thailand<br />
concluded; results indicated limited potential; plugged and abandoned<br />
• Continued evaluation of opportunities throughout South East Asia<br />
• Preparations continue for drilling in Block 121 in the Song Hong Basin,<br />
offshore Vietnam, during FY2013<br />
Kenya<br />
• Completed farmout of 5% interest in Block L8 to Tullow Oil<br />
• Preparations continue for drilling of Mbawa-1 well in the Lamu Basin in late <strong>2012</strong>.<br />
Acreage comprises over 5,000 km 2 with attractive exploration opportunities in the<br />
emerging plays offshore East Africa<br />
Botswana<br />
• Established Kubu <strong>Energy</strong> Resources, a 50:50 JV with Sasol, to explore for CSG in Botswana<br />
• Consistent with <strong>Origin</strong>'s strategy to target resources close to markets at low entry prices<br />
• Exploration operations expected to commence in the Karoo Basin later in <strong>2012</strong><br />
… working with experienced joint venture partners<br />
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