Original article by Matt Chambers
The Australian – Page: 32 : 25-Oct-16

Australian-listed Cooper Energy will assume full ownership of the Sole gas project in the Gippsland Basin after securing a deal to acquire Santos’s 50 per cent stake for $A82m. Cooper Energy will undertake a $A63m capital raising to help finance the deal, and it will then seek a joint venture partner for the project. Santos has now offloaded all of its assets in Victoria. Its shares closed $A0.11 lower at $A3.73 on 24 October 2016.

CORPORATES
SANTOS LIMITED – ASX STO, COOPER ENERGY LIMITED – ASX COE