Gippsland and Otway Basin Developments
COOPER ENERGY
Increasing exposure to higher term and spot gas prices
Group annual contracted gas quantities (Gippsland/Sole¹ + Otway/Casino Henry Netherby)
PJ/annum
30
20
10
Majority of price
reviews from 2026
Price re-openers begin
in Jan 2024
0-
2023
2024
2025
2026
2027
2028
■Existing price (indexed) 2
■Buyer extension option ³
3
TJ/day
(approximately)
82
■Capped price review 4
Uncontracted/extension at market price 5
2029
2030
Continue to deliver even greater exposure to Southeast Australia spot gas prices
1Indicative annual contract quantity volumes shown assuming OGPP firm capacity of 55 TJ/d | 2Fixed price indexed to CPI | ³ Buyer option to extend under current terms | 4Price review subject to +/-20% movement in gas price
5Scope for parties to agree contract extensions on revised terms
55
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COOPER 16
ENERGYView entire presentation