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Cooper Declares FID For Sole Gas Project

/Cooper Declares FID For Sole Gas Project

Cooper Declares FID For Sole Gas Project

Cooper Energy has reached a Final Investment Decision (FID) for its Sole gas project offshore Australia. Sole is located in VIC/L32 the Gippsland Basin, offshore Victoria, around 65 km from the Orbost Gas Plant. Sole will deliver gas sales of 4 million barrels of oil equivalent per annum to Cooper Energy. The capital cost of the Sole upstream development is estimated to be around $355 million, inclusive of the cost of drilling and completing two wells using Diamond offshore UDW semi Ocean Monarch (10,000′). The project is due to come on stream in 2019.

2017-08-30T10:16:22+00:00 August 30th, 2017|