Origin bets on bulls

STRONG performance from Australian Pacific LNG and its energy markets business have not saved Origin Energy from another pasting from low oil prices, as the company also revealed that the Halladale/Speculant gas development in the Otway Basin came online two months late.

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Despite a 41% drop in underlying profits to $354 million from the prior year Origin said it delivered "a strong operational performance" from its energy markets business and said maiden LNG production

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