In February 2009, Coogee Resources Limited was acquired by a subsidiary of PTT Exploration and Production Public Company Limited (PTTEP) and renamed PTTEP Australasia Limited (PTTEP AA). PTTEP is Thailand’s national petroleum exploration and production company and is one of the nation’s largest publicly-listed companies, with more than 40 projects around the world. PTTEP AA will continue the development of the Montara (and the other projects) in the Timor Sea.