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Cooper Energy-led consortium to acquire BHP s Minerva gas plant

Cooper Energy-led consortium to acquire BHP s Minerva gas plant
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Orbost Renewal Key To Cooper Energy Outlook

Orbost Renewal Key To Cooper Energy Outlook Jul 20 2021 Cooper Energy is ironing out problems associated with the Orbost gas plant and the subsequent performance of Sole gas production will be critical to the outlook -Gas sales supported by third-party purchases, compensation from APA Group -Athena plant to take over Cooper Energy s gas processing in Otway -Upcoming risk in the abandonment of Basker Manta   By Eva Brocklehurst Impetus for Cooper Energy ((COE)) needs to come from better performance from the Sole gas field, as production has been beset by problems stemming from the performance of the Orbost gas processing plant. June quarter production was 0.66mmboe along with sales of 0.97mmboe, in line with the most recent guidance, and taking FY21 production to 2.6mmboe. Problems at the Orbost plant were exacerbated by reduced availability from the Iona gas plant (owned by Lochard).

Cooper Energy : Half Year Results Webcast Details 08 February 2021

Cooper Energy results plagued by troubled gas processing plant

Cooper Energy results plagued by troubled gas processing plant Save Share Cooper Energy posted a weaker-than-expected second-quarter result after the troubled Orbost gas processing plant again failed to ramp up to maximum production. David Maxwell, MD of Cooper Energy.   Ben Rushton The Adelaide-based oil and gas company still does not know the root cause of the processing plant problems but told investors it will need three days of cleaning every six weeks to reach a consistent output of 45TJ a day next month, falling short of its 68TJ nameplate capacity. Operated by APA, the plant only produced 15TJ a day over the second quarter after it was shut down for 26 days during the quarter to fix excess foaming issue in the absorbers.

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