Origin Energy Agrees to Sell Lattice Energy for $1,585m
Origin Energy Agrees to Sell Lattice Energy for $1,585m
Origin Energy Limited (Origin) has entered into an agreement to sell its conventional upstream oil and gas business, Lattice Energy, to Beach Energy (Beach) for $1,585 million.
As part of the sale, Origin has secured access to a significant portion of Lattice Energy’s future east coast gas production under long-term gas supply agreements to support its domestic gas business.
Under the terms of…
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