COE 0.00% 20.5¢ cooper energy limited

Ann: Q3 FY21 Quarterly Report, page-40

  1. 10,948 Posts.
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    Hi Auto,

    Minor low pressure system in a tea cup really. Latest Reserves

    https://hotcopper.com.au/data/attachments/3144/3144215-c111beeee45bf685de9f0f308c95adc8.jpg

    Not Much in the Cooper oil category
    1P = 0.8 MBO ... (PDP 0.7 MBO + PUD 0.1 MBO)
    2P = 1.6 MBO ... (PDP 1.3 MBO + PUD 0.3 MBO)


    https://hotcopper.com.au/data/attachments/3144/3144240-5d50238e806423cf05a56845e49bf27c.jpg

    COE's Cooper Basin assets are:

    25% WI PEL 92 JV with BPT (holds PRL’s 85 to 104) & includes theproducing fields of Butlers, Callawonga, Christies,Elliston, Germain, Parsons, Perlubie,Rincon, Rincon North, Sellicks, SilverSands and Windmill oil fields;
    and
    30% interest in PPL 207 which holdsthe producing Worrior oil field;
    remainder is exploration licenses.


    Doesn't look material to me. COE is a gas company & significant to ECA gas supply. Oil is sideline business.



 
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