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BRIEF-Origin Energy expects additional non- cash post-tax impairment charge of about $337 mln in FY15

Published 12/08/2015, 09:28 am
Updated 12/08/2015, 09:36 am
© Reuters.  BRIEF-Origin Energy expects additional non- cash post-tax impairment charge of about $337 mln in FY15
ORG
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Aug 12 (Reuters) - Origin Energy Ltd ORG.AX :

* Org provides update on carrying value of upstream assets ORG.AX

* Expects to recognise an additional non- cash post-tax impairment charge of approximately $337 million in its 2015 full year

* Impairment charge outlined is in addition to the $53 million impairment charge of New Zealand onshore assets

* Says there is no impairment related to Australia pacific lng

* Says "economics of origin's investment in Australia pacific lng remain robust"

* Source text for Eikon ID:nASXhXC3L

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