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OPERATIONS

Despite setbacks, Cooper reports a record quarter

UP-and-up midcap Cooper Energy has had a bumper quarter, despite a 21-day shutdown of the Orbost gas plant, recording a 61% increase in gas revenue from its Sole Gas field and recorded the highest gas production rates in the company’s history.

Mark Tilly
Despite setbacks, Cooper reports a record quarter

Production for the quarter was up 118% to 0.61 million barrels of oil equivalent compared to last quarter's 0.28 million boe. Total revenue came to A$24.1 million, compared to last quarter's $15 million,...

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