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Cooper Energy Provides Offshore Otway Exploration Program Update

16 Sep 2019  |  09:28:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Offshore Otway Exploration Program Update

Cooper Energy provided the following update on its offshore Otway gas exploration program in VIC/P44. On 6 September 2019, the Annie gas field discovery was announced. The Annie-1 wellbore has been securely plugged with downhole cement plugs installed. Abandonment of the well has been delayed following failure of 2 of the Diamond Offshore Ocean Monarch drilling rig's 8 mooring chains. This incident has required repair to the affected chains and inspection of the remaining 6 chains.

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