COE 2.78% 18.5¢ cooper energy limited

Spoke to MS the latest zones are independant fieed size will be...

  1. 20,476 Posts.
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    Spoke to MS

    the latest
    zones are independant
    fieed size will be reduced due to failure of first zone - now quoting 75BCF to be commercial and for them to proceed into development risks for lower zone - lower gas rates or no gas.

    if zone two low gas flow rates will need to drill again - another two development wells

    May target lower zone if top two fail however some time will need to be spent analysing what went wrong before the attempt deepest zone

    seemed suprised with failure of the top zone
 
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