Origin paid the first $4m. The QR recorded Exploration expenses as $2.3m, comprising:
Exploration cash outflows are mainly attributed to the appraisal activities associated with the Rafael 3D Seismic Acquisition. As part of Origin’s withdrawal from the Canning Basin, Origin is funding up to A$4 million of the survey costs. Other costs incurred relate to asset integrity and decommissioning costs, expenditures relating to desktop geological and geophysical work, as well as integrated energy transition projects and other new ventures.
So probably cost ~$6m all up.
Why are you interested?
btw, looks like we are selling Ungani to fund going it alone on Appraisal/Retest…
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Origin paid the first $4m. The QR recorded Exploration expenses...
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