Killajoules

Australia Pacific LNG and Kansai Electric sign 20 year
Australia Pacific LNG Pty Limited (Australia Pacific LNG) and The Kansai Electric Power Company (Kansai Electric) today signed a binding Heads of Agreement for the sale and purchase of approximately 1 million tonnes of LNG per year for 20 years.

Sasol announces joint venture participation with Origin Energy in Coal Bed Methane exploration in Botswana
Sasol today announced the signing of a Joint Venture agreement with Origin Energy Limited (Origin”), the leading Australian integrated energy company, for the purposes of exploring for Coal Bed Methane (CBM) in Botswana.

Australia Pacific LNG completes Subscription Agreement with Sinopec
Origin Energy advises that the Subscription Agreement facilitating the acquisition by Sinopec of a 15% ownership interest in Australia Pacific LNG Pty Ltd ("Australia Pacific LNG") has completed today.

In addition, all conditions precedent have now been met for the sale of 4.31 million tonnes of LNG per annum by Australia Pacific LNG to Sinopec, commencing in 2015.

Australia Pacific LNG received US$1.765 billion for the 15% ownership interest. As a consequence, ConocoPhillips' and Origin Energy's ownership interest in Australia Pacific LNG has been diluted to 42.5% each.

This investment by Sinopec provides a net reduction in funding requirements of US$750 million to each of Origin and ConocoPhillips (being 42.5% of US$1.765 billion).

Origin Managing Director and Chairman of Australia Pacific LNG, Mr Grant King said, "We officially welcome Sinopec to Australia Pacific LNG as a shareholder and foundation customer. We look forward to working alongside ConocoPhillips and Sinopec to deliver the Australia Pacific LNG project, drawing on the extensive experience and capabilities within the joint venture in CSG production, development and operation of LNG facilities."

Australia Pacific LNG takes FID on first phase of two train project
Origin Energy Limited ("Origin") today announced that the Board of Australia Pacific LNG has approved a Final Investment Decision ("FID") on the first phase of a two train CSG to LNG project in Queensland.

Salamander Energy plc (“Salamander”) Dao Ruang-3 Appraisal Well
Salamander Energy plc announces the completion of drilling operations on the Dao
Ruang structure, Block L15/50, onshore Northeast Thailand.

Origin and Apache complete agreement for offshore Kenya exploration
Origin Energy Limited, on behalf of its wholly owned subsidiary Origin Energy Kenya Pty Ltd ("Origin") advises that it has completed an agreement with a subsidiary of US independent Apache Corporation (NYSE and Nasdaq: APA) ("Apache"), to divest a 50 per cent interest in a Production Sharing Contract (PSC) for petroleum exploration and production, pertaining to Block L8 located in the Lamu Basin, offshore Republic of Kenya.

Australia Pacific LNG and Sinopec sign binding agreements for LNG supply and a 15% equity interest
Australia Pacific LNG Pty Ltd (“Australia Pacific LNG”) and China Petroleum & Chemical Corporation (“Sinopec”) today signed a Sale and Purchase Agreement for the supply of 4.3 million tonnes per annum of LNG for 20 years from Australia Pacific LNG’s world-class coal seam gas resources and proposed LNG facility on Curtis Island, Gladstone in Queensland.

Australia Pacific LNG and Sinopec sign Heads of Agreement for LNG supply and 15% equity interest
Australia Pacific LNG Pty Ltd and China Petrochemical Corporation have signed a Heads of Agreement establishing non-binding key commercial terms for the supply of up to 4.3 million tonnes per annum of LNG for 20 years and for Sinopec to subscribe for a 15% ownership interest in Australia Pacific LNG, thereby reducing both ConocoPhillips' and Origin Energy's ownership interest to 42.5%.

Origin Energy, Conditional divestment of interest in Production Sharing Contract, Block L8, Lamu Basin, Kenya
Origin Energy Limited, on behalf of its wholly owned subsidiary Origin Energy Kenya Pty Ltd ("Origin") advises that it has reached agreement with a subsidiary of US independent Apache Corporation (NYSE and Nasdaq: APA) ("Apache"), to divest a 50% undivided interest in a Production Sharing Contract (PSC) for petroleum exploration and production, pertaining to Block L8 located in the Lamu Basin, offshore Republic of Kenya.

Commonwealth Government delays Australia Pacific LNG EIS decision for procedural reasons
The Federal Minister for Sustainability, Environment, Water, Population and Communities, the Honourable Tony Burke, has advised he will extend the time period for his determination of the Environmental Impact Statement for Australia Pacific LNG's proposed coal seam gas to LNG project in Queensland from the current statutory deadline of 21 December 2010 to Tuesday, 22 February 2011.