OPERATIONS

Rain fails to dampen Cooper output

DESPITE the adverse rain and flooding in the Cooper Basin, Cooper Energy has managed to sustain a relatively high level of production for the September quarter.

Marija Stojkovic

Production for the period was up 2% on the previous quarter to 99,483 barrels of oil but revenue dropped 9% to $7.431 million due to a softer oil price. Looking ahead, the company expects to restart...

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