Cooper Energy Limited (AU:COE) has released an update.
Emperor Energy Limited has announced the extension of its non-binding Memorandum of Understanding with Cooper Energy Ltd, aiming to explore potential collaboration for processing and transferring gas from Emperor’s Judith Gas Field using Cooper’s Orbost Gas Processing Plant. The Judith Gas Field, wholly owned by Emperor Energy, is strategically located 40km offshore near the processing plant, with prior feasibility studies indicating a substantial sales gas capacity. This extension paves the way for continued discussions about the development of the gas field.
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