24 Dec 2009drilling progress report● Neutral
AWE (47.5%) relayed Rockhopper-1 at 2,753m on 24 December, up 788m on the week, noting the rig then goes to AWE's New Zealand campaign. Duplicate of the operator's release.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
23 Dec 2009drilling progress report● Neutral
Beach's weekly report: Santos-operated Cooper Basin wells where Origin holds 13.19% were cased and suspended, including one as a future gas producer at 2,581m TD. Oil wells Narcoonowie-8 and Tickalara-21 are cased and suspended as oil producers. Minor update.
17 Dec 2009drilling progress report● Neutral
Rockhopper 1 (Origin 39.0%, operator) drilled 722m of 12.25in hole in the week and set 9 5/8in casing at 1,965m. It was preparing to pressure test equipment before drilling the 8.5in section. No results yet.
17 Dec 2009drilling progress report● Neutral
Innamincka (5%) forwarded Origin's 17 December Rockhopper 1 update: casing set at 1,965m, preparing to drill the next hole section. Duplicate of the operator's release.
16 Dec 2009drilling progress report● Neutral
Beach Energy's weekly report lists Cooper Basin wells where Origin holds 13.19% in the Santos-operated joint ventures (Narcoonowie-8 and Tickalara-21 are not Origin wells). No new result for Origin.
10 Dec 2009drilling progress report● Neutral
Rockhopper 1 (Origin 39.0%, operator) was drilling at 1,243m on 10 December, up 789m on the week, against a planned 3,487m. No results yet. Follows the 30 November spud.
10 Dec 2009drilling progress report● Neutral
Innamincka (5%) forwarded Origin's weekly Rockhopper 1 update: drilling at 1,243m on 10 December, up 789m on the week. Duplicate of the operator's release.
10 Dec 2009drilling progress report● Neutral
AWE (47.5%) relayed that Rockhopper-1 was at 1,243m on 10 December, up 789m on the week. No results yet. Duplicate of the operator's release.
4 Dec 2009farm in farm out agreement▲ GoodMajor
Origin agreed a planned farm-in with Salamander Energy to take 25-40% in five exploration blocks across Thailand, Laos and Vietnam, funding the next US$50m of spending (up to US$40m more on success). Wells start January 2010; completion is subject to final terms and approvals.
3 Dec 2009drilling spud● Neutral
Rockhopper 1 in T/18P (Origin 39.0%, operator) began drilling at 23:30 on 30 November and was at 454m on 3 December. Planned depth is 3,487m, targeting Paleocene sandstones. Follows the Trefoil 2 appraisal, as the next well in the program.
3 Dec 2009drilling progress report● Neutral
AWE (47.5%) repeated that Rockhopper-1 began drilling on 30 November and was at 454m on 3 December, targeting gas in Eastern View Coal Measures sands. The Kan Tan IV rig then goes to AWE's New Zealand campaign. Duplicate of the operator's release.
3 Dec 2009drilling spud● Neutral
Innamincka (5%) relayed Origin's Rockhopper 1 start and said the well will test possible missed gas pay in the lower sands and oil potential in the upper sand, near the 1974 Aroo-1 well. Largely repeats the operator's release.
2 Dec 2009drilling progress report▲ Good
Beach's weekly report shows Santos-operated Dullingari-36DW1 (Origin 13.19%) reached 2,607m and is being cased and suspended as a future Patchawarra gas producer. Other wells listed carry no Origin interest. Not an Origin announcement.
26 Nov 2009drilling progress report▲ Good
Innamincka Petroleum forwarded Origin's Trefoil 2 update (gas-bearing sandstones intersected, well being abandoned) and endorsed AWE's accompanying statement. Duplicate of the operator's release.
26 Nov 2009drilling result▲ Good
AWE (47.5%) says Trefoil-2 intersected several gas-bearing sandstones and is being plugged as planned. Its managing director says it confirmed reservoir continuity between Trefoil-2 and Trefoil-1; resource size awaits evaluation. Repeats the operator's result.
26 Nov 2009drilling result▲ GoodMajor
Trefoil 2 reached 3,235m, intersected several gas-bearing sandstones in the target coals and is being plugged and abandoned. Significance will be determined over coming months after analysis; the rig then moves to Rockhopper-1. Appraisal of the 2004 discovery (Origin 39.0%), size not yet stated.
25 Nov 2009drilling progress report● Neutral
Beach's weekly report shows Santos-operated Dullingari-36DW1 (Origin 13.19%) re-entering and deepening an earlier oil producer, drilling at 1,586m. Other wells listed carry no Origin interest. Not an Origin announcement.
19 Nov 2009drilling progress report● Neutral
Origin's final Somerset 1 update says the Ocean Patriot rig left the location on 14 November after the well was plugged and abandoned. Closes out the dry exploration well (Origin 30.75%).
19 Nov 2009drilling progress report▲ Good
Innamincka Petroleum forwarded Origin's Trefoil 2 update: total depth 3,235m, hydrocarbon shows in the target coals. Duplicate of the operator's release.
19 Nov 2009drilling progress report▲ Good
AWE relayed that Trefoil-2 reached 3,235m with hydrocarbon shows in the Eastern View Coal Measures, significance still to be determined. Duplicate of the operator's release.
19 Nov 2009drilling result▲ Good
Trefoil 2 reached total depth of 3,235m and hydrocarbon shows were identified in the targeted Eastern View Coal Measures. Their significance awaits logging, pressure testing and sampling. Early encouraging sign for the 2004 Trefoil discovery appraisal (Origin 39.0%).
18 Nov 2009drilling progress report● Neutral
Beach's weekly report shows Santos-operated Dullingari-40DW1 (Origin 13.19%) cased and suspended at 2,623m as a future Patchawarra gas producer. Other wells listed carry no Origin interest. Not an Origin announcement.
12 Nov 2009drilling progress report● Neutral
AWE relayed that Trefoil-2 is at 2,983m, pulling out before coring, with 463m drilled in the week. Rockhopper-1 follows. Duplicate of the operator's release.
12 Nov 2009drilling progress report● Neutral
Innamincka Petroleum forwarded Origin's Trefoil 2 update: 2,983m, pulling out of hole prior to coring. Duplicate of the operator's release.
12 Nov 2009drilling progress report● Neutral
Origin's update on Somerset 1 (Origin 30.75%, Woodside operator) says the well is at 2,912m and being plugged and abandoned. Confirms the earlier disappointing result; no new information.
12 Nov 2009drilling progress report● Neutral
Trefoil 2 (Origin 39.0%, operator) was at 2,983m, pulling out of hole prior to coring, after drilling resumed following last week's casing repair. Planned depth is 3,221m; Rockhopper-1 follows. No results yet.
11 Nov 2009drilling progress report● Neutral
Beach's weekly report lists Santos-operated Dullingari-40DW1, where Origin holds 13.19%, drilling ahead at 2,465m in the Patchawarra Formation. Other wells listed carry no Origin interest. Not an Origin announcement; no result.
5 Nov 2009drilling progress report● Neutral
Trefoil 2 remained at 2,520m after the stuck casing was retrieved and successfully patched. Rig maintenance is under way before drilling ahead to the planned 3,221m. Resolves last week's casing problem; no results yet.
5 Nov 2009drilling result▼ BadMajor
Somerset 1 (Origin 30.75%) reached 2,912m and found only minor gas shows in thin sands that appear water-bearing on logs. Deeper targets were not reached for operational reasons, and the well is being plugged and abandoned. A disappointing exploration result.
5 Nov 2009drilling progress report● Neutral
AWE relayed that Trefoil-2 is at 2,520m, with the casing retrieved and patched and rig maintenance before drilling ahead. Rockhopper-1 follows. Duplicate of the operator's release.