ORG origin energy limited

News: ORG Fracking inquiry in Australia's north to start next week

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    SYDNEY, Dec 3 (Reuters) - Australia's Northern Territory government said a planned inquiry into the impact and possible risks of fracking will begin next week, and the practice will remain banned until it has been completed.

    The resource-rich Territory's newly elected centre-left Labor government banned fracking in September pending an investigation into whether the unconventional oil and gas drilling technique harms farm land or Aboriginal sites.

    Companies including Origin Energy (ORG) and Armour Energy (AJQ), hold exploration acreage in the region, which has also attracted international firms including South Africa's Sasol and Japan's Inpex <1605.T>.

    Fracking, which involves high-pressure injections of water, chemicals and sand into the ground, was banned permanently in Australia's southern state of Victoria earlier this year.

    The 10-person panel will meet on Dec. 8 and determine the time frame for the inquiry, the government said in a statement.

    Industry groups say reputable studies have found the practice is safe.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$12.58
Change
0.080(0.64%)
Mkt cap ! $21.67B
Open High Low Value Volume
$12.50 $12.65 $12.46 $27.21M 2.162M

Buyers (Bids)

No. Vol. Price($)
1 3042 $12.58
 

Sellers (Offers)

Price($) Vol. No.
$12.61 3281 1
View Market Depth
Last trade - 16.17pm 16/09/2025 (20 minute delay) ?
ORG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.