Ann: VALMEC SECURES APLNG CONTRACT EXTENSION, page-4

As a new shareholder of the company, I'm very impressed with the shareholder communication so far. I emailed Harry the CFO on the day of this announcement to get clarification around the contract and was provided a response later that same day. He stated that the original contract was for 2 years, with a further 2, 1 year extensions.

So this is the first of the 1 year extension contracts secured, and if performance on the contract continues to satisfy Origin, then the extension in 12 months' time seems likely IMO