Sole Gas Project of Cooper Energy Delayed due to Bushfires

January 06, 2020 01:03 PM AEDT
Utkarsha Kalra

Manager, PR and Media Relations Utkarsha Kalra
5 Posts
Utkarsha comes with an experience of over 7 years in financial and management reporting in one of the big four consultancy firms. Her expertise lies in developing communication strategies for business development, stakeholder management, conflict man...

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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