Origin Energy Extends Contract for Safe Astoria

Origin Energy Resources Limited has confirmed an extension of the Safe Astoria at Bass Strait, Yolla field to May 10, 2006. There is a likelihood that the contract will be further extended.

Safe Astoria is expected to be available for the market as from early summer 2006. Safe Astoria is the only floatel and service rig available for service in 2006 and Consafe management are working several interesting prospects for the unit.