Cooper commences Casino mobilisation

Cooper's Otway Basin tenements.

Cooper's Otway Basin tenements.

Cooper Energy has begun the mobilisation of Diamond Offshore’s Ocean Monarch rig from offshore Fremantle to the Otway Basin, offshore Victoria.

The rig will be towed to the Casino Henry gas project, located in VIC/L 24 and VIC/L 30, where a workover of the Casino-5 well is to be undertaken.

On completion of the workover, Ocean Monarch will move to the Sole gas field to drill and complete the Sole-3 and Sole-4 production wells for development of the field as part of the Sole gas project. located in VIC/L 3.

The Ocean Monarch left offshore Fremantle yesterday, and is expected to take 25 days to reach its Otway destination, depending on weather conditions.

The Casino Henry gas project is a joint venture between Cooper Energy (50 per cent and operator), Mitsui E&P Australia (25 per cent) and AWE Limited (25 per cent).

The Sole gas field is 100 per cent controlled by Cooper Energy.

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