Cooper JV assess prospective resources

COOPER Energy has completed its technical assessments of the Annie and Elanora prospects in the VIC P44 and VIC L24 blocks in the offshore Otway Basin where the company holds a 50% operational interest alongside Mitsui (25%) and Peedamullah Petroleum (25%).

Cooper JV assess prospective resources Cooper JV assess prospective resources Cooper JV assess prospective resources Cooper JV assess prospective resources Cooper JV assess prospective resources
 
Cooper undertook a prospective resource assessment using probabilistic resource estimation for the Waarre Formation in both the Annie and Elanora prospects, interpreting reprocessed 3D seismic and wireline log correlation. 
 
Following the assessment the joint venture assessed a best estimate prospective resource of 71 billion cubic feet of gas in the Annie prospect and 100Bcf in the Elanora prospect. 
 
Annie and Elanora are exploration prospects in close proximity to the existing Casino, Henry and Netherby offshore production infrastructure. 
 
"Hi-grading of prospects has identified the two leading candidat6es for drilling: Annie and Elanora, which are being c...

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