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SEPTEMBER 2008 +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
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of +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:PlaceName u2:st+AD0AIg-on+ACIAPgA8-st1:place w:st+AD0AIg-on+ACIAPgA8-st1:PlaceName
w:st+AD0AIg-on+ACIAPg-Cooper+ADw-/u1:PlaceName+AD4APA-/st1:PlaceName+AD4- +ADw-u1:PlaceName u2:st+AD0AIg-on+ACIAPgA8-st1:PlaceName
w:st+AD0AIg-on+ACIAPg-Basin+ADw-/u1:PlaceName+AD4APA-/u1:place+AD4APA-/st1:PlaceName+AD4APA-/st1:place+AD4- Drilling
Program+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
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Prospects to be Targeted in PEL92 in December 2008+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
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font-family:+ACI-Frutiger LT 45 Light+ACIAOw-mso-ansi-language:EN-GB'+AD4-Cooper Energy (ASX:
COE) is pleased to announce that the Ensign +ACM-30 rig has been contracted to
drill two low-risk exploration targets in PEL92 in the Cooper Basin, South
Australia - commencing the first well in early December 2008.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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11.0pt+ADs-font-family:+ACI-Frutiger LT 45 Light+ACIAOw-mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs-
margin-left:7.1pt+ADs-text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-
font-family:+ACI-Frutiger LT 45 Light+ACIAOw-mso-ansi-language:EN-GB'+AD4-The wells are
targeting the Gunyah and Perlubie prospects that lie +ADw-st1:metricconverter
ProductID+AD0AIg-1.3 km+ACI- w:st+AD0AIg-on+ACIAPg-1.3 km+ADw-/st1:metricconverter+AD4- and +ADw-st1:metricconverter
ProductID+AD0AIg-2.6 km+ACI- w:st+AD0AIg-on+ACIAPg-2.6 km+ADw-/st1:metricconverter+AD4- respectively south of
the Parsons-2 well that is in the recently discovered Parsons Oil Field.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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font-family:+ACI-Frutiger LT 45 Light+ACIAOw-mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs-
margin-left:7.1pt+ADs-text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'font-size:11.0pt+ADs-
font-family:+ACI-Frutiger LT 45 Light+ACIAOw-mso-ansi-language:EN-GB'+AD4-The prospects are
covered by the same 3D seismic survey that enabled the discovery of the Parsons
accumulations.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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font-family:+ACI-Frutiger LT 45 Light+ACIAOw-mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs-
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font-family:+ACI-Frutiger LT 45 Light+ACIAOw-mso-ansi-language:EN-GB'+AD4-The wells are
targeting a number of reservoirs from the +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:City u2:st+AD0AIg-on+ACIAPgA8-st1:City
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down to the Poolowanna with Gunyah-1 also testing a deeper large structural
target in the Kaladina. The total depth for the wells is +ADw-st1:metricconverter
ProductID+AD0AIg-2,050 metres+ACI- w:st+AD0AIg-on+ACIAPg-2,050 metres+ADw-/st1:metricconverter+AD4- for
Gunyah-1 and 1,796 for Perlubie-1 with well costs of A+ACQ-1.8+ADw-a style+AD0-'mso-footnote-id:
ftn1' href+AD0AIgAjAF8-ftn1+ACI- name+AD0AIgBf-ftnref1+ACI- title+AD0AIgAiAD4APA-span class+AD0-MsoFootnoteReference+AD4APA-sup+AD4APA-span
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and A+ACQ-1.6+ADw-sup+AD4-1+ADw-/sup+AD4- million respectively.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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font-family:+ACI-Frutiger LT 45 Light+ACIAOw-mso-ansi-language:EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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Cooper Energy
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CODE : COE.AX |
ISIN : AU000000COE2 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cooper Energy is based in Australia. Cooper Energy holds various exploration projects in Tunisia. Its main exploration property is NABEUL in Tunisia. Cooper Energy is listed in Australia and in Germany. Its market capitalisation is AU$ 216.6 millions as of today (US$ 147.2 millions, € 132.4 millions). Its stock quote reached its highest recent level on April 13, 2012 at AU$ 0.69, and its lowest recent point on November 12, 2023 at AU$ 0.09. Cooper Energy has 1 140 189 952 shares outstanding. |