Ann: Sole Gas Sales Agreements to commence on 01/01/2021, page-2

Looking promising ....at the last minute.

"Since the announcement of 9 December 2020, the OGPP has maintained production of 22.5 TJ/day through a single absorber. Parallel absorber operations commenced on 29 December 2020 with production planned to increase to 45 TJ/day in a sustainable and reliable manner. Further work will be undertaken to increase production at the OGPP to the planned production rate of 68 TJ/day.

To ensure supply to the GSAs, Cooper Energy has back-up gas supply arrangements in place. Under the Transition Agreement, APA will make contributions to the cost of certain back-up supply arrangements in instances of production shortfalls. Cooper Energy will earn a comparable net cash margin as if all the gas had been processed at the OGPP, and a superior net cash margin to that which would occur through supply at anticipated near-term spot gas prices."