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COP Casino Guichard Perrachon

3.5305
-0.1095 (-3.01%)
16 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Casino Guichard Perrachon AQEU:COP Aquis Europe Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.1095 -3.01% 3.5305 3.4985 3.568 3.5775 3.44 3.5775 1,865 16:28:29

Origin To Keep 100% Of Gas Purchase After JV Waives Option

13/05/2009 2:34am

Dow Jones News


Casino Guichard Perrachon (AQEU:COP)
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Origin Energy Ltd. (ORG.AU) said Wednesday its gas export joint venture with ConocoPhillips (COP) has waived its option to acquire a 50% interest in some coal seam gas assets recently bought by Origin.

Origin agreed to pay A$660 million to entrepreneur Paul Fudge for exploration permit ATP 788P in Queensland state in April.

The joint venture's decision to wave the option indicates it is confident it already has enough gas to feed its proposed liquefied natural gas project at Gladstone.

Origin said it will use the asset to supply its domestic gas portfolio.

By Ross Kelly, Dow Jones Newswires; 61-2-8235-2957; ross.kelly@dowjones.com

 
 

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