Cooper JV completes BHP’s Minerva buy

ASX-listed Cooper Energy on Thursday has completed the acquisition of mining major BHP’s 90% interest in the Minerva joint venture (JV), in Victoria.

Cooper Energy, in a JV with AWE and Mitsui E&P Australia struck an agreement with BHP in May last year to acquire the major’s interest in the Minerva gas plant, in which Cooper already held a 10% interest.