Conoco deal most favourable: assessor

ORIGIN Energy has released an independent valuation of its assets by Grant Samuel that said the farm-out of a 50% stake of its coal seam methane assets to ConocoPhillips was in the best interests of Origin's shareholders.

The report, which valued Origin at $28.55 to $30.71 per share, said Origin's CSM assets had emerged as its most valuable and development of these was central to the company's long-term strategy.