re: ian if you work off http://www.cooperenergy.com.au/company/mmedia/COE_20060427.pdf they say that current production is 1100 - 1200 per day (28th April) and we know that the figure does not include
silver sands 255
sellicks 2 562
sellicks 3 325
They have said that Sellicks 2 will be in place in July, with S3 not far behind. SS is 3 months out but potentially faster.
I've just done some maths worked on 30% field decline (2.5% per month)
starting production 1100 bopd with Sellicks coming on line in begining of month 2 and SS in month 5.
From this I come out with a full year production of 637k. From that you can work out a 300 day year, or 330 day etc. This has no upside built in from additional ifnfill or new discoveries.
gnews, page-23
Add COE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $567.6M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.5¢ | $272.0K | 1.242M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 457152 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 17446 | 8 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |