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Kupe drilling rig arrival date revised
ASX Release
27 October 2006
Kupe drilling rig arrival date revised
Origin Energy Resources (Kupe) Limited
(“Origin Energy”) today announced that
the Ensco 107
drilling rig for the Kupe Gas Project is now expected to
arrive in
June 2007, delayed from the original planned
date of March 2007.
Project Director for the Kupe Gas Project, Mr Peter Ashford said “This delay does not affect our critical path and the Project remains on schedule for first gas in the first half of the 2009 calendar year.”
The project was blessed by local Maori on
Saturday 14 October, following which
the roadworks and
site preparation for the onshore production station
began.
Participants are:
Origin Energy Resources
(Kupe) Limited* 50% (Operator)
Genesis Energy 31%
New
Zealand Oil & Gas Limited 15%
Mitsui E&P New Zealand
Limited 4%
*a wholly owned subsidiary of Origin Energy
Limited
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