Cooper Energy Inks HoA for Gas Sale from Sole Field in Gippsland Basin

Development of Manta to supply gas to Eastern Australia has been identified as a commercial opportunity by the BMG (Basker Manta Gummy) Business Case study completed recently by Cooper Energy. Manta is located offshore Victoria approximately 35 miles (57 kilometers) from the Orbost Gas Plant, The field is assessed to have gross Contingent Resources (2C) of 106 PJ of sales gas and 2.6 million barrels of condensate. The Business Case outlined a commercialization opportunity for Manta based around the supply of 23 PJ per annum from mid-2021.

Cooper Energy holds a 65 percent interest and is Operator of VIC/L26, VIC/L27 & VIC/L28 which contains the Basker Manta Gummy gas and liquids resource.


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