Cooper said today a business case analysis of its Basker-Manta-Gummy fields found that development of Manta's gas reserves is technically feasible and a sound business opportunity.
The all-subsea concept is the preferred option, although an FPSO is an alternative if a planned appraisal well indicates the subsea option is not the most suitable.
A two-well subsea development would cost about A$560 million and require a 12-inch 60-kilometre subsea pipeline to the Orbost gas plant, or a 35-kilometre line to the Patricia-Baleen field and on to Orbost.
Cooper
