COE 5.71% 16.5¢ cooper energy limited

kellymm continues...same old tune, page-3

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    re: kellymm continues to make little sense... "quarterly will be ok but we wont see a production increase until the next quarter when the recent sellicks & worrior development fields kick in."

    You obviously struggle to read or comprehend....

    If you look at the last quarterly you will see that Worrior 4 was tied in on 02/04/06 at 1660 bopd (498 bopd net COE). Just this well alone will come theoretically in at 149,000 barrels for the quarter so with the other Worrior wells also producing we should easily match the 182k last quarter that it produced (do the maths for the 30% share)

    Christies 4 it was suggested would be worked over end of April and tied in so additional production which is 195 bopd (COE share)

    If you work off http://www.cooperenergy.com.au/company/mmedia/COE_20060427.pdf they say that current production is 1100 - 1200 per day (28th April) so again X it 90 and you get around 100k for the quarter with downtime thrown in.... This figure I believe will include C4

    So by using a number of different reports we still come out at it being a better quarter than last quarter.

    Can you please explain why you believe it will be a worse quarter i.e. show us your maths.
 
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