Search results for: Cooper Energy

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  • 1 May 2017
    Business & Finance

    Australian energy company Cooper Energy has named Hector Gordon, currently executive director of Exploration and Production, as a non-executive director, effective June 25, 2017. Cooper Energy said on Monday that Gordon served as the executive director since joining the company in June 2012 in the merger of Cooper with Somerton Energy. His current employment contract […]

  • 15 June 2018
    Project & Tenders

    Australia’s Cooper Energy has suspended operations at its Sole well offshore Australia, citing challenging weather conditions expected over the weekend. The Sole well is located in Gippsland Basin offshore Victoria.

  • 30 November 2016
    Business & Finance

    Australian exploration and production company Cooper Energy has informed that its Chief Financial Officer (CFO) and Joint Company Secretary, Jason de Ross, will be leaving the company from December 9, 2016. According to a statement by Cooper Energy on Wednesday, David Maxwell, Managing Director at Cooper Energy, said de Ross, who started employment in September […]

  • 29 March 2017
    Project & Tenders

    Cooper Energy’s board of directors has given a nod for the Sole offshore gas project in Australia to proceed. The company said that finalization of financing has started with a fully underwritten equity raising some $151 million. The project will develop the Sole gas field located in VIC/ L32 in the Gippsland Basin offshore Victoria to […]

  • 2 March 2017

    Cooper Energy Limited, an Australian oil and gas E&P company, has ceased all international operations with the closure of operations in Tunisia and the completion of the sale of Indonesian operations. Cooper said on Thursday that the company received the initial consideration of $500,000 and 180,000,000 shares in Bass Oil Limited for Cooper’s 55 percent […]

  • 19 October 2016

    Australian energy company Cooper Energy has decided to divest interest in a project onshore Indonesia, aiming to put all of its efforts on its offshore assets in Australia. Cooper Energy is selling a 55 percent stake in the Tangai Sukananti project in the South Sumatra, Indonesia, to its compatriot Bass Strait Oil Company, subject to […]

  • 24 October 2016

    Australian LNG player Santos agreed to sell its Victorian assets to Cooper Energy for a price of up to A$82 million (Approx. US$62.5 million).

  • 4 May 2018

    Australia’s Cooper Energy has obtained an offshore exploration permit located in the Gippsland Basin, offshore Victoria.

  • 18 March 2019
    Project & Tenders

    Installation and testing of the 67 km control umbilical connecting Cooper Energy’s Sole gas field offshore Australia with the Orbost Gas Plant has been completed. The Cooper-operated Sole gas field is located in the eastern part of the Gippsland Basin, approximately 40km offshore Victoria, Australia. This milestone marks completion of the offshore construction phase of […]

  • 16 July 2015

    Cooper Energy, an Australia-based oil and gas company with assets in the Gippsland Basin, offshore Victoria, Australia, has said that gas from its Mantesh field can be commercially developed. In its Business Case issued Thursday, the company said that the preferred option for development of the gas field would be a subsea development as it […]

  • 10 January 2017

    Australia’s Santos has completed the sale of all Victorian gas assets offshore Australia, except for the 10 pct interest in the Minerva asset, to compatriot Cooper Energy.  Santos agreed to sell its Victorian assets to Cooper Energy for cash consideration of up to A$82 million ($60.4 million in current exchange rate) in October 2016. This means […]

  • 17 July 2017
    Project & Tenders

    Australian oil and gas company Cooper Energy expects to make a decision on debt financing for the Sole gas project off Australia within next month.  The project will develop the Sole gas field located in VIC/ L32 in the Gippsland Basin offshore Victoria to supply 25 PJ per year to gas users in south-east Australia. […]

  • 12 June 2018
    Exploration & Production

    Cooper Energy has completed the reservoir section of Sole-3 production well located offshore Australia with preparations now underway for flow back. 

  • 24 October 2016
    Business & Finance

    Australian oil and gas company Santos has sold its Victorian assets offshore Australia to oil and gas exploration and production company Cooper Energy for cash consideration of up to A$82 million ($62.6 million). Santos said on Monday that the sale would see the company exiting from offshore Victoria. In March this year, Santos completed the […]

  • 27 February 2017
    Project & Tenders

    Australian company Cooper Energy has completed a development plan for its Sole gas project off Australia and is looking to sanction it in March 2017 with first gas expected two years later. The Sole gas project involves the development of the Sole field in the Gippsland Basin, offshore Victoria to supply approximately 25 PJ of gas […]

  • 15 December 2016
    Business & Finance

    Cooper Energy has signed a binding gas sales agreement with EnergyAustralia for the Sole gas field, off Australia, and moved a step closer to the project’s final investment decision (FID).  The company said on Wednesday that the agreement is for the supply of 5 PJ per annum from the Sole gas field for a minimum of […]

  • 18 January 2017
    Business & Finance

    Australian company Cooper Energy has increased the gas sales volumes from the Sole field off Australia thus taking Sole to FID sales target.  Cooper said on Wednesday it has signed an expansion to its existing gas sales agreement with AGL Energy that will increase annual contract quantity from 6.6 petajoules (PJ) to 12 PJ. The Sole gas field […]

  • 25 March 2016

    Cooper Energy, an Australian oil and gas exploration and production company, has been served with a request for arbitration by its joint venture partners in the Hammamet Permit, offshore Tunisia.  The notice was served to Cooper’s  wholly owned subsidiary, CE Hammamet, by joint venture partners Medco Ventures International (Barbados) and DNO Tunisia. Cooper Energy, with 35% non-operating interest in […]

  • 16 January 2018
    Exploration & Production, Project & Tenders

    Australian regulator has accepted an environment plan submitted by Cooper Energy for an abandonment of one and drilling of two wells on the Sole field located in VIC/L32 offshore Australia.

  • 12 May 2016
    Project & Tenders

    Cooper Energy, an Australian oil and gas exploration and production company, has agreed terms with the Tunisian Government authority to exit operations offshore Tunisia. The company, which plans to withdraw from Tunisia entirely, stated on Thursday that it exited the Nabeul permit after agreeing to pay compensation of $3.2 million (COE share $2.7 million) to fulfil […]

  • 25 March 2016
    Business & Finance

    Australian oil and gas company, Cooper Energy, has announced its second gas supply agreement for the Sole gas field, off Australia, and its first commercial agreement for the nearby Manta field with the signing of a binding heads of agreement with AGL Energy. The agreement, which is subject to an affirmative Final Investment Decision (FID) provides for the […]

  • 10 October 2018
    Business & Finance

    Cooper Energy has signed a new gas supply agreement with O-I Australia for the supply of gas for 2019 from its Casino Henry gas production offshore Victoria.