COE 2.27% 22.5¢ cooper energy limited

5660 bopd flow rate, page-13

  1. 13,963 Posts.
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    Tony,

    Kurnia wasn't dry at the end of the quarter, therefore if I understand their accountancy standard any contribution to Kurnia costs would impact net cash flow, but not profits, ie any exploration writeoff would be for the Dec Q. Besides the market looks an awful lot at reserves and production, and even more at upcoming action, and imo not enough at profit. Shouldn't worry as COE will have all these bases well covered.

    As for $2mm. Where did you get that from? same place as your recent number for the cost of wireline logs?

    EL

 
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