COE 3.33% 62.0¢ cooper energy limited

copper energy >> promising drilling, page-2

  1. 1,747 Posts.
    According to their press release, Cooper Energy now own 500,000 bls of oil in their two successful wells. There are possibly four more to be drilled in this highly prospective area.

    The oil pockets are not large, but they are reliable and on completion of the drilling program, I would expect that COE could easily double it's reserves.

    They currently have 5 cents per share cash and can meet all their drilling costs. With cash flow from Sellicks production and now Christie being brought on line by the end of the year,COE is becoming a success story.

    I have a few.

    Regards M.
watchlist Created with Sketch. Add COE (ASX) to my watchlist
(20min delay)
Mkt cap ! $1.005B
Open High Low Value Volume
61.0¢ 62.0¢ 60.5¢ $4.138M 6.749M

Buyers (Bids)

No. Vol. Price($)
1 1 61.5¢

Sellers (Offers)

Price($) Vol. No.
62.0¢ 430566 9
View Market Depth
Last trade - 16.10pm 16/12/2019 (20 minute delay) ?
0.020 ( 3.45 %)
Open High Low Volume
60.5¢ 62.0¢ 60.5¢ 1587352
Last updated 15.59pm 16/12/2019 (live) ?
COE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.