Feb 27 (Reuters) - Apa Group APA.AX
* co and Cooper Energy announce execution of a non-binding heads of agreement aligning two companies in the development of Gippsland basin.
* APA will fund all capital expenditure associated with the
expansion and upgrade of the plant to process natural gas from the sole gas project
* capital expenditure for the upgrade is anticipated to be approximately a$250 million
* capital expenditure for the offshore development is anticipated to be approximately a$355 million Source text for Eikon: ID:nSNZ6jvr6Q Further company coverage: APA.AX