Back of the envelope numbers here.
Completed Cooper wells cost $1.7m, Cooper tend to have 25% equity in any given drill they are involved in.
Thus, Cooper need to pay in call it $400k.
Cooper produces at 900 bopd at net A$30/bbl, for $27 000 a day.
Wells take 15 days to drill.
Thus, when Cooper is involved in a drill, it pays for it out of cash flow.
When Cooper isn't, they take a satchel full of cash, and throw it on the pile with the others.
I'd believe the company's numbers, if oil prices stay at or about their current level.
Ian Whitchurch
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amplitude energy limited
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slides made good reading, page-7
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Last
23.3¢ |
Change
0.003(1.09%) |
Mkt cap ! $616.4M |
Open | High | Low | Value | Volume |
23.0¢ | 23.3¢ | 22.8¢ | $16.47K | 71.86K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 20337 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 542200 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 21001 | 0.230 |
15 | 859659 | 0.225 |
11 | 289581 | 0.220 |
8 | 673410 | 0.215 |
5 | 437700 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 532250 | 19 |
0.240 | 803386 | 22 |
0.245 | 481500 | 12 |
0.250 | 1143754 | 19 |
0.255 | 103200 | 4 |
Last trade - 10.36am 15/07/2025 (20 minute delay) ? |
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