Ann: Response to article in The Australian, page-2

Response to article in The AustralianCooper Energy (ASX: COE) refers to the article in The Australian newspaper today regarding the OrbostGas Processing Plant owned by APA Group (ASX: APA) and the trading halt requested this morning.Consistent with previous communications, Cooper Energy advises that it is in regular discussions with APA regarding current and long-term arrangements for the processing of gas from Cooper Energy’s Sole gas field through the plant, noting that the Transition Agreement with APA expires on 1 May 2022.Cooper Energy is considering a range of options on the basis that the plant has not yet reached nameplate capacity. Options for the long-term arrangements may include amendments to the Gas Processing Agreement or an acquisition of the plant.Should any material developments occur, and in line with continuous disclosure obligations, Cooper Energy will provide updates on the long-term processing arrangements for its Sole gas.