Cooper Energy Limited (Cooper Energy) is an independent upstream energy company engaged in the Exploration and Production (E&P) of oil and gas in Australia, Africa and Asia. In Australia, Cooper Energy has interests in the Cooper, Otway and Gippsland basins. In the Cooper Basin, the company has interests in four exploration licenses, 20 retention licenses and 11 production licenses. In the Otway Basin, the company has interests in eight exploration licenses, and, in the Gippsland Basin, it has interests in three production licenses. In Asia, the company conducts E&P activities in three Indonesian tenements: the Sukananti Kerja Sama Operasi (KSO), the Sumbagsel Production Sharing Contract (PSC) and the Merangin III PSC, in the South Sumatra Basin. In Africa, it has operations in three tenements in the Gulf of Hammamet, Tunisia: Bargou, Hammamet and the Nabeul. However, in December 2014, Cooper Energy is expected to announce that it will be divesting its Tunisian operations.