COE 2.33% 21.0¢ cooper energy limited

this was always planned. when COE originally purchased Orbost...

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    this was always planned.
    when COE originally purchased Orbost and the BMG assets (incl Sole), COE contracted to pay for the abandonment of those wells.
    There was a time frame.
    The cost of this abandonment was included in the previous funding arrangements - have a look at previous ASX releases.
    I am sure that this cost will be spread over a couple of years.
    i think the first phase is to remove the well head structure.
    then later on they come back and finish job- not sure details
 
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