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BRIEF-Cooper Energy announces sales agreement for Sole gas project

Published 03/08/2015, 09:56 am
Updated 03/08/2015, 10:06 am
© Reuters.  BRIEF-Cooper Energy announces sales agreement for Sole gas project
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Aug 3 (Reuters) - Cooper Energy Ltd COE.AX :

* 1st sales agreement for sole gas project COE.AX

* Announces the signing of a heads of agreement (hoa) with O-I Australia

* Says hoa sets out the key commercial terms for the supply of gas of one petajoule (pj) per annum for the lesser of eight years

* Expected fid will be made by September 2016, and that first supply from sole to O-I Australia would commence in January 2019"

* Says negotiations with other gas buyers underway

* Says expected that sole will commence supplying gas from January 2019

* Source text for Eikon ID:nASX44LMfY

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