COE 0.00% 22.5¢ cooper energy limited

Ann: Sole Gas Project update, page-19

  1. Ya
    6,809 Posts.
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    yep its dropped from 6 to ~4.50 since Jan as per slide-12 from COEs' recent presentation.
    Project apprx 20-40/day for the 15 days remaining in June (so total gas around ~1.9 to 2.25 PJ frm Sole), times $4.50/gj (assuming no more shutdown or rate drops).

    For Q1 the company has 1.41 PJ of Gas with 49.85k bbls oil/ condensate for its AUD 15mil Revenue. With Oil price already getting hammered this qtr, Sole revenue should compensate that fall, ontop of Casino's gas & CooperB Oil rev.

 
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