AUSTRALIAN oil and gas producer Cooper Energy has joined the ranks of Santos and Woodside Petroleum in writedowns, announcing A$108 million of pre-tax impairments across a range of its oil and gas assets and has also revised down its oil price outlook.
However, it is the first of the ASX oilers to write down much based on domestic gas prices, which have softened significantly in recent months.
Partnership flags gasfield engineering study
Senex's $52M impairment of Cooper oil makes it thankful of big gas exposure
The future of frontline operations
The future of frontline operations
