Cooper Energy Limited has been advised by the operator of the Tantanna to Gidgealpa oil pipeline in South Australia that the pipeline will be shut-down from 1 June 2012 due to integrity concerns.
The Tantanna to Gidgealpa oil pipeline transports crude oil from the Western Flank oil fields within the PEL 92 licence area (Cooper 25%, Beach Energy 75% and Operator). Crude oil is also transported by truck.
Beach Energy as Operator for the PEL 92 Joint Venture is planning to materially increase the oil trucking capacity from 1 June 2012 from 2,200 barrels per day. Over the past 2 months the PEL 92 oil production has averaged 6,800 barrels per day (100% basis).
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Cooper Energy
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