Cooper misses, revises production guidance

AUSTRALIAN gas producer Cooper Energy has updated its full year sales volume, production, and capital expenditure guidance for the financial year just ended. It will hit the midpoint of previously offered sales guidance, it said today, but lowered production guidance.

Cooper misses, revises production guidance Cooper misses, revises production guidance Cooper misses, revises production guidance Cooper misses, revises production guidance Cooper misses, revises production guidance

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It said sales volume guidance now stands at around 3 million barrels of oil equivalent, previous guidance was towards the middle of the 2.9-3.1MMboe range. Production guidance now stands at 2.