EXPLORATION

Origin to take a stake in Eden's hot rocks licence

ORIGIN Energy has boosted Eden Energy's plans to develop its geothermal interests in South Australia after entering an agreement to farm into Eden's geothermal licence 185.

Origin to take a stake in Eden's hot rocks licence

Under the farm-in deal, Origin will be operator and pay Eden $1 million cash and bear the first $500,000 of expenditure on the licence to earn a 70% interest in GEL 185. Each party will then contribute...

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