COE 0.00% 22.0¢ cooper energy limited

Guys It's an interesting one with good news re oil against a...

  1. 20,398 Posts.
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    Guys
    It's an interesting one with good news re oil against a back drop of a well significantly above budget with Coe likely to bare a significant cost . As they have stated they are wanting to sell these assets the risk is the have to abandon the well before stimulating with acid
    I think on balance the outcome is nuetral but could swing to negative or positive depending on the progress of this well .
 
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