Fairbridge-1 well produces no commercial hydrocarbons
11:29, Thursday, 25 May 2006
Sydney - Thursday - May 25: (RWE Aust Business News) - Cooper
Energy (ASX:COE) said the production test #3 on the Fairbridge-1 well,
Cooper Basin, South Australia, did not produce any commercial
hydrocarbons.
The well will be plugged and abandoned.
Cooper shares, as operator with a 38.33pc interest in the well,
were down 5c to 60c.
Sundance Energy (ASX:SEA), with 46.67pc, was down 1.5c to 34.5c
and Enterprise Energy (ASX:EPE), with 10pc, was down 0.9 to 4.1c.
ENDS
Copyright © 2006 RWE Australian Business News. All rights reserved.
EPE
enterprise energy limited
Fairbridge-1 well produces no commercial hydrocarbons11:29,...
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