ASX Announcement / Media Release

26 February 2018

Sole gas project update: pipeline shore crossing installed

Cooper Energy (ASX: COE) advises installation of the horizontally directional drilled (HDD) shore crossing of the gas pipeline from the Orbost Gas Processing Plant for the development of the Sole gas field was completed by the HDD contractor on Saturday 24 February.

As advised in the December quarter report the pipeline shore crossing was rescheduled due to unexpected ground conditions, which had prevented completion of previous attempts and required modifications to the work plan. The umbilical shore crossing was completed in December 2017.

The shore crossing element of the project will be completed in the next few weeks after final survey, testing and stabilisation on the seabed.

Further comment and information:

David Maxwell

Don Murchland

Managing Director

Investor Relations Advisor

+61 8 8100 4900

+61 439 300 932

About Cooper Energy Limited (ASX: COE) is an ASX listed exploration and production company which generates revenue from gas supply to south-east Australia and low-cost Cooper Basin oil production. The company is an emerging player in the south-east Australian energy sector holding a portfolio of gas supply contracts and one of the most extensive portfolios of gas-focussed acreage and assets, including well located reserves and resources, in the Otway and Gippsland basins. The most significant resource, the Sole gas field in the Gippsland Basin, is currently being developed by Cooper Energy to provide a new source of gas supply for south-east Australia from 2019.

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Cooper Energy Limited published this content on 26 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 February 2018 23:11:03 UTC.

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