NSE new standard energy limited
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origin energy deal

  1. webbby
    473 Posts.
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    24/02/14
    10:17
    Post #: 12975263
    Interesting to see that Origin is doing a deal with Senex to get some exposure to unconventional gas exploration in the Cooper Basin.

    Origin is spending $97m on drilling two blocks, giving it a 40% stake in one and 30% in the other, with the option to lift each by 10% for a further $72m investment, making the total investment $252m.

    Article is up on AFR now, plus exchange notices.
    NSE Price at posting: 19.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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