COE 4.65% 20.5¢ cooper energy limited

bargou farmout

  1. 312 Posts.
    There is a bargou farm in brochure on coopers website.
    http://www.cooperenergy.com.au/company/mmedia/Cooper%20Farming-In%20Brochure%20V8.pdf

    The farm in offers close on January 15.

    They have identified 4 prospects.

    The menzel horr (ONSHORE) one they are drilling themselves from my understanding.

    Hopefully we can get farmins for 2 of the other 3 prospects identified. I want 2009 to be choc full of potential big targets. Agree with Pmunt about explorating after analysing that they cannot worsen our cash position with our cooper revenue stream.

    Rig availability should be easier with the oil price at the moment.

    Some pretty attractive targets to me with standard exploration chances around the 20% mark.






 
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