COE 0.00% 19.0¢ cooper energy limited

the writing is on the wall, page-12

  1. 74 Posts.
    Thats great you have been this patient with this stock and made a good profit.

    The baong formation at 3000 is independent to the prior 2 formations to 2300 metres. So the poor result so far with top 2 formations will have no impact on the ability of baong to flow gas. This is because of the different geology at 3000, stacked reservoirs and the cement casing. It obviously affects the total resource and total flow rate.

    Four reservoirs in the primary target. Will be delighted if we can just get decent shows and logs to warrant a production test.

 
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