Petroleum Africa
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Sunday, March 5, 2017
Cooper Energy has become a one country operator after its exit from its international assets. The company advised that it has now ceased all its international operations with the closure of operations in Tunisia and the completion of the sale of Indonesian operations to Bass Oil.
“I would like to acknowledge the contribution made to our company by the employees who were engaged in our Indonesian and Tunisian operations said Cooper Energy MD David Maxwell.”
“Our withdrawal from Indonesia and Tunisia has been driven entirely by our strategy of concentrating our efforts on our growth projects in Australia and in particular our opportunities to supply gas in southeast Australia. On behalf of the directors of the company I record our appreciation for the efforts made by the teams we employed in both Indonesia and Tunisia and the professionalism they have demonstrated whilst the divestment process has been ongoing,” he said.
Cooper Energy’s portfolio is now solely concentrated on Australian assets.
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