Cooper’s Orbost breaks records
The company reported an increase in its quarterly average production and revenue during the March quarter, underpinned by stronger production at Orbost.
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Cooper on a high
After reviewing the milestones and achievements of last year, the company has concluded 2023 was overall a good year on many aspects.
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Cooper Energy begins BMG decommissioning
Cooper Energy has commenced decommissioning work at the Basker Manta Gummy (BMG), 50km off the Victorian coastline.
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Cooper Energy extends gas sales agreement with EnergyAustralia
Cooper Energy and EnergyAustralia have signed an agreement to extend the domestic supply term under its existing Sole gas sales agreement.
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Cooper Energy shares jump in production levels
The company announced a significant increase in production levels as well as in revenue compared to last quarter.
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Record production levels for Cooper Energy
The company announced record annual production, underlying earnings before interest, taxes, depreciation, amortisation, and exploration expense (EBITDAX) and operating cashflow for the 2023 financial year.
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Cooper Energy increases contingent resources
The company announced its 2C gas and oil contingent resources increased by 11.5 million barrels of oil equivalent (MMboe) to 48.4 MMboe.
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Orbost successfully transferred to Cooper Energy
The Orbost Gas Processing Plant’s major hazard facility license and operatorship were successfully transferred to Cooper Energy with no safety or operational issues. A performance improvement plan proceeding is underway.
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Cooper to implement Orbost Plant improvement plan
Following the transfer of the Orbost Plant ownership to Cooper Energy in May 2023, the company has announced it will implement an improvement plan to address plant performance.
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Orbost Gas Processing plant ownership transfers to Cooper Energy
Cooper Energy has announced the transfer of operatorship of the Orbost Gas Processing Plant from APA Group will occur on 22 May 2023.
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