Cooper Energy results plagued by troubled gas processing plant
Cooper Energy results plagued by troubled gas processing plant Save Share Cooper Energy posted a weaker-than-expected second-quarter result after the troubled Orbost gas processing plant again failed to ramp up to maximum production. David Maxwell, MD of Cooper Energy. Â Ben Rushton The Adelaide-based oil and gas company still does not know the root cause of the processing plant problems but told investors it will need three days of cleaning every six weeks to reach a consistent output of 45TJ a day next month, falling short of its 68TJ nameplate capacity. Operated by APA, the plant only p...
Source: afr.com