According
to
the
company,
the
price
was
linked
to
the
current
oil
forward
pricing
curve
and
followed
Origin’s
similarly
structured
US$300
million
sales
deal
announced
in
December.
This
latest
transaction
is
for
forward
sale
of
oil
and
condensate
over
a
six-year
period
from
July
2015.
Origin
said
the
two
sales
deals
represented
about
35%
of
the
company’s
current
proven
and
probable
oil
and
condensate
reserves,
excluding
the
Australia
Pacific
liquefied
natural
gas
project.
The
funds
are
expected
to
be
used
to
retire
existing
drawn
debt.
Investment
banking
firm
Goldman
Sachs
is
a
counterparty…
