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MELBOURNE, Feb 1 Asia Pulse - Gas and electricity retailer and producer Origin Energy Ltd (ASX:ORG) has bought into the Argyle coal seam gas project in south west Queensland for $A70 million ($US53.0 million).
Origin has purchased a 40.625 per cent stake in the Argyle and Lauren projects along with interests in other assets from Pangaea Oil and Gas Pty Ltd.
The deal includes a 40.625 per cent stake in a pipeline licence that will allow direct access to the main gas trunkline to ...