Aug 16 (Reuters) - Origin Energy Ltd ORG.AX :
* EXPECTS UNDERLYING PROFIT TO BE HIGHER AND FURTHER DEBT REDUCTION IN FY2019
* FY19 CAPITAL EXPENDITURE EXCLUDING AUSTRALIA PACIFIC LNG IS EXPECTED TO BE $385-445 MILLION
* AUSTRALIA PACIFIC LNG IS TARGETING OPERATING BREAKEVEN OF US$22- 26/BOE AND DISTRIBUTION BREAKEVEN US$39-44/BOE IN FY2019