Cooper Energy Limited provided the following operations update. Gippsland Basin: Orbost Gas Processing Plant and Sole gas field: the average Sole production rate in August of 41 TJ/day was 24% higher than the fourth quarter of fiscal year 2021 average of 33 TJ/day due to improved performance and stable processing at the Orbost Gas Processing Plant (OGPP), owned and operated by APA Group. The frequency of cleaning each absorber was extended slightly in August which resulted in a marginal increase in the average daily processing rate. The company and APA approved the phase 2B capital works at OGPP designed to improve reliability and increase sustainable production rates. The agreed phase 2B works include: installation of spray nozzles in the absorbers to suppress foaming and reduce fouling (end first quarter of fiscal year 2022); and installation of solids removal technology to prevent fouling within the absorbers (third quarter of fiscal year 2022). The root cause analysis is continuing, with the objective of identifying the underlying cause of OGPP foaming and fouling. Sole gas sales volume: high seasonal winter demand has continued with gas sales into the Sole Gas Sales Agreements at maximum daily quantities. The average gas sales volume in August was 59 TJ/day, with OGPP processing shortfalls met through the company’s back-up gas supply arrangements. All daily nominations from Sole customers continue to be met. Sole gas field performance: the Sole gas field continues to perform without interruption and in line with expectations. Otway Basin: Production: uninterrupted processing of Casino Henry gas at the Iona Gas Plant (owned and operated by Lochard Energy) continued in August with an average processing rate of 14 TJ/day, net to the company (fourth quarter of fiscal year 2021: 9 TJ/day). Athena Gas Plant Project: the Athena Gas Plant Project achieved a significant milestone in August with sales gas from the SEAGas pipeline introduced into the plant. This marked commencement of the commissioning phase. The plant is now considered live while commissioning activities progress. Pipeline cutover activities are progressing to re-direct gas from Casino Henry to the Athena pipeline (formerly known as the Minerva pipeline), which connects to the Athena Gas Plant. Cutover of processing from the Iona Gas Plant to the Athena Gas Plant is expected in the second quarter of fiscal year 2022. Once operational, the Athena Gas Plant will be an integral asset within Cooper Energy's gas portfolio, with expected benefits including: the ability to produce gas from the Casino Henry fields at a higher rate due to the plant's lower inlet pressure relative to the Iona Gas Plant; lower operating costs relative to current tariffs paid for gas processed through the Iona Gas Plant; additional gas processing capacity (total plant capacity of approximately 150 TJ/day) to support Otway Basin gas developments such as OP3D and future discoveries; and enhanced gas production and marketing flexibility, with the ability to offer firm gas supply and manage Sole customer requirements using Cooper Energy's Otway Basin gas if required.