Gippsland and Otway Basin Developments
Strong balance sheet with significant funding flexibility
Cash on balance sheet plus fully committed senior secured bank debt
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◉
Overview
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Fully committed A$400 million RBL + A$20
million working capital facility
Additional A$120 million accordion to fund
growth
Five-and-one-quarter year term
September 2027
No near-term maturities
☐
Existing fully committed capital, plus accordion
A$mm
77.0
400.0
158.0
20.0
7.7
120.0
COOPER ENERGY
451.3
331.3
Cash &
RBL
cash
committed
equivalents, funding
30/06/2023
Drawn
portion,
30/6/2023
Working
capital
facility
Utilisation,
30/06/2023
Available
undrawn
Accordion
Adjusted
subtotal
committed
including
capital,
30/06/2023
accordion
Balance sheet set to fully fund BMG
Accordion in place to add further funding flexibility for growth
COOPER 10
ENERGYView entire presentation