coe flow test

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