Oct 2 (Reuters) - Red Sky Energy Ltd ROG.AX :
* SIGNS GAS SALES AGREEMENT WITH ORIGIN ENERGY
* SIGNED AN UMBRELLA BILATERAL GAS SALES AGREEMENT WITH
ORIGIN
ENERGY
* INTENT IS FOR ORIGIN ENERGY TO TAKE ALL GAS PRODUCED UNDER
A
TAKE OR PAY AGREEMENT
* MBA SETS OUT FRAMEWORK OF TERMS AND CONDITIONS UNDER WHICH
TRANSACTIONS WILL BE ENTERED INTO BETWEEN PARTIES
* PRODUCTION FROM YARROW 3 WILL TRANSLATE INTO FIRST
REVENUES FROM
PROJECT FOR RED SKY
Source text for Eikon: ID:nASX5XVW82
Further company coverage: ROG.AX
((Reuters.Briefs@thomsonreuters.com;))