To Company Announcements Office Facsimile 1300 135 638 Company ASX Limited Date 3 March 2014 From Helen Hardy Pages 35 Subject ORG US Roadshow Please find attached a release on the above subject. Regards Helen Hardy…
Origin Energy US Roadshow Karen Moses,, Executive Director,, Finance and Strategy gy March 2014
Since Origin was established in 2000 it has pursued a strategy of connecting resources to markets. Over that time it has become The leading integrated energy markets business in Australia and New Zealand At a glance: Flexible and…
Through a decade of consolidation Origin invested in the Energy Markets business, which is now maturing Integrated energy markets business Significant position in natural gas and LNG CONTACT ENERGY EXPLORATION & ENERGY MARKETS LNG…
As the focus of investment changes, Origin is making significant progress on its four key priorities Improving the Performance of the Existing Businesses 9 Retail Transformation complete, 9 Expansion of gas margins 9 Increased…
Australias maturing energy market has seen increased competition and discounts which will impact Origin Originss margin recovery in the short term Improving p g operational Industry begins LNG APLNG and d GLNG Full F ll…
Integrated Energy Business
Origins integrated Energy Markets business continues to be Australiass leading provider of energy products Australia Fuel Generator Retailer Flexible and diverse fuel Flexible generation Leading retail portfolio portfolio…
Contact Energy, one of New Zealands leading integrated energy companies, is 53.1% owned by Origin Fuel Generator Retailer Flexible and diverse fuel Flexible generation Leading retail customer portfolio portfolio base in NZ Hydro…
Energy markets are maturing following a decade of consolidation and integration, coinciding with a period of falling demand, increased competition titi andd compression i off margins i 20.0% Maturing 220 Consolidation and…
Origins Energy Markets business has been impacted by declining demand for electricity, largely driven by solar PV and energy efficiency measures NEM Energy Demand Projections Annual Change in Solar PV Output (GWh) (MWh) GWh 300,000…
Origin has reduced discounts in NSW, supported by a decrease in churn, while intense competition remains in VIC Origins Average Signed Discount Offers for Electricity and Natural Gas Churn Rates Electricity and Natural Gas (%) 40%…
The removal of price controls as a result of deregulation in NSW and QLD is currently being considered Retail Price Deregulation Timeline SA VIC NSW QLD Recommended by Gas 1 Feb 2013 1 Jan 2009 1 July 2007 AEMC Under Under…
Significant investment in improved retail capability is nearing completion with all customers now serviced on the new SAP system T Transition iti off customers t to t the th new SAP system t Migration of all customers now…
Origins diverse fuel and generation portfolio enables effective management g of gas g and electricityy p purchase costs Fuel Flexibility Generation Flexibility 9,000 PJe/a 350 8,000 Gas / Sales Gas / Generation 7,000 Contract…
Scale and diversity of Origins low historical priced gas position enables Origin g to benefit from rising g gas g prices p Sources of Energy Markets East Coast Australian domestic gas prices are PJ/a Gas Portfolio moving towards…
Origins equity gas position in Australia and New Zealand contributes to its diverse fuel portfolio p Origins Annual Gas and Liquids Production (excl. APLNG) PJe mmboe b 100 17.2 80 13 7 13.7 Processing plant in Cooper…
Origin is pursuing a number of exploration and development opportunities to support domestic energy markets and LNG export opportunities t iti Play types Shale Play types CSG, Conventional Ironbark (CSG) Progress towards a…
Australia Pacific LNG
APLNG is a strong and aligned incorporated joint venture, combiningg Origins g Australian CSG experience p with ConocoPhillips p extensive LNG and CSG capabilities Australias largest integrated Global independent exploration…
APLNGs industry leading Proved and Probable reserves base includes prime acreage in both known and industry accepted sweet spots in Queensland Curtis Island APLNG APLNG Reserves (100%) PJ QCLNG (BG) 20,000 GLNG (SANTOS)…
APLNG is on track to deliver first LNG by mid-2015, creating a step change in Origins Origin s earnings and cash flows Milestones Timing (FY) 9 Origin and ConocoPhillips form APLNG incorporated JV Q2 2009 9 Environmental approvals…
Upstream Project Progress Condabri Central, North and South Condabri Central - Gas Processing Facility Condabri Central - water and brine ponds Condabri North - Gas Processing Facility Condabri South - Gas Processing Facility…
Upstream Project Progress Talinga, Orana, Reedy Creek and Eurombah Creek Talinga Pipeline Compression Facility, Gas Processing Orana Gas Processing Facility Facility in background Reedy Creek Gas and Water Processing…
Downstream Project Curtis Island Curtis Island February 2013 Curtis Island December 2013 25
Funding
As a result of a number of funding initiatives during the period, Origin has 6.51 billion of committed undrawn debt facilities and cash as at 31 December 2013 Origin Debt & Bank Guarantee Maturity Profile as at 31 December 20132…
Growth Opportunities
Origin is focused on growing its position in renewable energy to complement its position in natural gas Chile 40% interest in Energia Ne Zealand New Andina Andina, a Chilean geothermal exploration company. Tauhara consented…
Australias maturing energy market has seen increased competition and discounts which will impact Origin Originss margin recovery in the short term Improving p g operational Industry begins LNG APLNG and d GLNG Full F ll…
2013 Full Year Financial Highlights ( million) June 13 June 12 Change Statutory Profit 378 980 (61%) Statutory EPS 34.6 cps 90.6 cps (62%) Revenue 14,619 12,935 13% Underlying EBITDA 2,181 2,257 (3%) Underlying EBIT 1,438 1,598…
Thank h k you For more information Chau Le Group Manager, Manager Investor Relations Email: chau.leoriginenergy.com.au Office: +61 2 9375 5816 Mobile: + 61 467 799 642 www.originenergy.com.au