Oz Cooper Completes Assessments at Otway Basin Prospects
Cooper Energy has completed its technical assessment of the Australian offshore Otway Basin Annie and Elanora prospects and assessed the best estimate prospective resources to be 71 billion feet3 and 100bn ft3, respectively, the company said November 8.
Along with Cooper, which holds a 50% interest and is operator of the Victorian prospects, VIC/P44 and VIC/L24, Mitsui E&P (25%) and Peedamullah Petroleum (25%) also hold stakes.
“Annie and Elanora are exploration prospects defined on 3D seismic data in close proximity to the existing Casino, Henry and Netherby offshore production infrastructure,” Cooper says.
“The Annie prospect is a simple amplitude supported structure located in VIC/P44, 7 kilometres from a pipeline tie-in point,” it said.
The chance of finding gas and proving a minimum developable resource size at Annie is estimated at 56%, it said.
Elanora straddles VIC/L24, VIC/L30 and VIC/P44 and is 10 km west of the Casino gas field and about 6 km to a pipeline tie-in point, it said.
There’s a 44% change of finding gas and proving a minimum developable resource size at it, the company said.