Geodynamics as operator of the Innamincka Joint Venture with Origin Energy provides the following update on the well incident experienced at its Habanero 3 well site located near Innamincka in remote parts of northern South Australia.

• Water and steam are still flowing from Habanero 3. • Well control specialists have arrived at site and are currently assessing the situation. • Operational plans to manage the incident are being developed and appropriate equipment is being mobilised to site. • As a precautionary measure, the Dillons Highway has been temporarily re-directed to a distance in excess of 100 metres from Habanero 3. • The commissioning program of the 1MW pilot plant which the Company has been constructing at the site has been suspended with the commissioning crew being progressively demobilised. The timing of re-commencement of commissioning activities is currently uncertain.

The Company will provide a further update in due course as more information becomes available.

Tags: Origin Energy