Cooper Energy Limited: Gas Plant Resumed and Aims to Target 68 TJ/day

  • May 22, 2020 12:29 PM AEST
  • Team Kalkine

Cooper Energy Limited (ASX:COE) notified the market on commissioning of the Orbost Gas Processing Plant, which is owned and operated by APA Group (ASX: APA).

Gold MTF non-AMP

  • Operations on Orbost Gas Processing Plant resumed on 20 May 2020 after the shutdown of the gas plant from 9 May 2020.
  • The plant recommenced the supply of Sole gas into the Eastern Gas Pipeline on 20 May 2020.
  • The plant has maintained a stable production at 28 TJ/day after 36 hours of operation as the plant is in its early phase of this program. The ultimate target of the plant is 68 TJ/day.

COE stock was up 5.641 per cent to $0.412 at AEST 12:023 pm on 22 May 2020.


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