Cooper revenue saved by gas

COOPER Energy has reported a gas revenue rise of 19% this quarter over the previous as its Sole gas project starts up, though quarterly sales revenue and year to date sales are down, with oil sales revenue smashed by 69%.

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Revenue from gas sales rose from A$11.2 million to $13.3 million, and overall quarterly production rose slightly from 270,000 barrels of oil equivalent to 280,000boe.