APA 0.56% $7.23 apa group

June 1 (Reuters) - APA Group (APA) buys the Orbost gas...

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    June 1 (Reuters) - APA Group (APA)

    • buys the Orbost gas processing plant
    • Total cost of upgrade project, including acquisition costs, is expected to be in order of $270 million
    • entered into agreements with cooper energy to purchase, upgrade and operate orbost gas processing plant
    • transaction remains subject to cooper energy completing a debt raising and making a final investment decision on sole gas project
 
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