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AUSTRALIA

Development focus for Cooper players

BEACH Energy might be planning to spend up to $200 million on exploration and development elsewhere in the Cooper Basin this year, but the signs of the pullback in the South Australian Cooper Basin Joint Venture and the South-West Queensland Venture have been all too evident over the past month as the two JVs reduced investment to minimum levels.

Haydn Black
Development focus for Cooper players

Beach and its partners participated in just three Cooper Basin wells with partners Santos and Origin Energy last month, and a single well in Egypt, where it is still trying to finalise a sale of its assets....

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