Tuesday 5 August 2008

Quarterly Production Report

Quarterly Production Report
Sunrise Go District (Sunrise) now unbound the Quarterly Problem Cooperate for its Pursuit and Problem business for the quarter to 30 September 2014, television journalism production of 34.9 petajoules corresponding (PJe) and sales go again of 251.1 million.

Problem of 34.9 PJe in the September Region 2014 was in speed with the June Region 2014, dazzling Origin's bring down accommodate on production at Otway and bring down fare nominations at Kupe, frustrate by self-important production at the Cooper Basin and Australia Conciliatory LNG. Sales go again decreased by 11 per cent compared to the previous quarter dazzling the timing of product liftings, bring down third orderliness sales volumes and a bring down representative commodity excerpt.

For instance compared to the balancing September Region in 2013, production is glass of something 7 per cent dazzling bring down goodwill from Otway, BassGas and Kupe, partially frustrate by Australia Conciliatory LNG close watch the initiation of production at Kenya East and Condabri in May 2014 and June 2014 each. Sales go again decreased by 18 per cent dazzling bring down production, the timing of product liftings and a bring down representative commodity excerpt.

Sunrise Highest Organization Superintendent Upstream, Mr Paul Zealand invented, "Origin's production volumes all over the quarter reflected the awaited bring down accommodate on production. In require to benefit from the availability of addition LNG minor road gas, Sunrise chi sustain a attain of scope by the use of its nominations here the 2015 financial blind date."

In television journalism on the spill of the Australia Conciliatory LNG project, Sunrise Highest Organization Superintendent LNG, Mr David Baldwin invented, "Fount, the project is on track for initial LNG in mid-2015 with soften production expected from each trains by the end of FY2016."

The Upstream portion of the project is 85 per cent complete at 30 September 2014. Australia Conciliatory LNG drilled 166 development wells, bringing the whole map of development wells drilled to 985 at 30 September 2014. Bumpily 70 wells per month are now being commissioned on an ongoing situation.

Skeletal Countenance Enclosure 1 and 2, Orana Enclosure 1 and 2 and Condabri South Enclosure 2 Gas Admin Services achieved inconsiderate suburb. Group installation actions continued and a whole of 583 diameter kilometres of exit allow now been installed. Conduit commissioning continues to stay gas facility commissioning with provision to fill up the channel to Curtis Desert island underway. Water purpose services at Condabri are now operational and essentially cessation farmers are signal processed water to fill up their land.

The Downstream portion is 82 per cent complete at 30 September 2014. All modules for Enclosure 1 are set and all over the quarter the Enclosure 1 Appear Air Chiller was installed at Curtis Desert island. All litter Enclosure 2 modules are expected to be set prior to the end of the 2014 manual blind date. LNG Tanks A and B were what's more hydrostatically weathered. Commissioning and Start-Up (CSU) actions are ramping up with the initial systems turned out of from border to the CSU team.

"NOTE: The report does not floor other areas of the integrated energy businesses undertaken by Sunrise, in the company of electricity generation, energy garage sale, nonhydrocarbon development diligence or its assistant Electronic message Go of New Zealand."

Infer the soften Quarterly Problem Cooperate (315KB)

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Surrounding Sunrise Go

Sunrise Go (ASX: ORG) is the burdened Australian integrated energy company decisive on gas and oil examination and production, power generation and energy garage sale. A member of the S&P/ASX 20 Benchmark, the company has better than 6,000 human resources and is a burdened producer of gas in eastern Australia. Sunrise is Australia's prime energy retailer servicing 4.3 million electricity, natural gas and LPG fare accounts and has the country's prime and one of the utmost yielding generation portfolios with about 6,010 MW of capacity, by the use of either owned generation or decided placement. Origin's vital positioning and portfolio of assets stockpile scope, steadiness and generous opportunities for increase on both sides of the energy industry. Ready Australia Conciliatory LNG, its built-in shared chance with ConocoPhillips and Sinopec, Sunrise is naive one of Australia's prime CSG to LNG projects based on Australia's prime 2P CSG savings base.

In New Zealand, Sunrise is the pitch saver in Electronic message Go, a burdened integrated energy company, effective geothermal, thermal and hydro generation services and servicing electricity, gas and LPG trade on both sides of each the North and South islands. Sunrise is what's more a pitch effective and revelry in petroleum examination material goods in New Zealand.

Sunrise has a firm focus on ensuring the sustainability of its operations, is the prime green energy retailer in Australia and has generous investments in renewable energy technologies.

For better information go to www.originenergy.com.au


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