Sole Gas Project of Cooper Energy Delayed due to Bushfires

Cooper Energy Limited (ASX: COE) has provided an update on the Sole Gas Project and the upgrade to the Orbost Gas Processing Plant located in East Gippsland, a region currently subject to bushfires. APA Group is finishing the upgrade to the plant to process gas from the Sole gas field.

  • The company has assured that no personnel has been affected by the bushfire in the affected area;
  • Due to the bushfire there has been delay of approximately two weeks to the schedule announced to the ASX on 10 December 2019.

At AEDT 12:57PM, the stock was trading at $0.622 per share, down by 1.27% from its previous close.

 

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