COE 0.88% 56.0¢ cooper energy limited

coe flow test

  1. 1,747 Posts.
    This looks very positive for Cooper Energy with a flow test of Christie 1 expected in the next day or two.

    This little company is adding value every day.

    Regards M.

    ABN 93 096 170 295
    Registered Office
    21 Parry Street
    Fremantle WA 6160
    Mail Address
    PO Box 794
    Fremantle WA 6959
    Telephone (+61 8) 9335 2155
    Facsimile (+61 8) 9335 1856
    Email [email protected]
    Visit us at www.cooperenergy.com.au
    11 July 2003
    Australian Stock Exchange Limited ELS112004
    Company Announcements Office
    Electronic Lodgement System
    Dear Sir / Madam
    DRILLING REPORT: CHRISTIES – 1
    Cooper Energy NL advises the status of Christies-1 at 0600 hours (CST) on 11 July 2003:
    Location: PEL 92; about 80 km west of Moomba and about 11 km south-west of
    Sellicks-1
    Spud Date: 1000 hours (CST) on 23 June 2003
    Days since Spud: 18
    Operation at 0600 hours: Dismantling blow out preventors prior to installing the production well
    head.
    Operation Summary: The oil zone has been successfully perforated and production tubing secured
    with a back pressure valve. A short duration flow test is planned prior to rig
    release, which is expected later today or tomorrow.
    Final Total Depth: 1957 metres (revised from 2054 metres)
    Interests: Beach Petroleum Ltd (Operator) 75%
    Cooper Energy NL 25%
    This report is posted on the website at www.cooperenergy.com.au
    For further information please contact Mr Greg Han*ock on 0418 263 388 or Mr Tony Wright on 08-8363 2111.
    Yours faithfully,
    COOPER ENERGY NL
    Mr G Han*ock
    CHAIRMAN
 
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56.0¢ 56.5¢ 55.5¢ $708.8K 1.265M

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