AUSTRALIA

Sole enters FEED

THE undeveloped Sole gas discovery, offshore Victoria in the Gippsland Basin has entered the front-end engineering and design phase, allowing Cooper Energy to complete its 50% acquisition from Santos and book 106 petajoules of 2C contingent resources.

The VIC/RL3 joint venture, is now working towards a final investment decision (FID) in the September quarter of 2016. Cooper, which agreed to secure its half of the Orbost gas plant and Sole in December,...

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