COE 0.00% 17.0¢ cooper energy limited

OM, page-32

  1. Ya
    5,477 Posts.
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    Nothing to do with Sole-1. Shell took care of that back in the day. Besides, that well is 3kms away from S2 & has a smaller crest.

    COE will b drilling along the main crest at S3 & S4, apprx 370m from Sole-2 & the two production wells are about 43 to 44 metres away. The structure & reservoir should b well understood as there is a 41m core that was cut back in 2002 with wirelinelogs & flowrate records (pressure, mmcfd etc).

    The cored section had its poro/perm recorded in the Lab. So plenty of data. Logic suggests a replication of the same dataset for S3 & S4.

    Only delay post completion will b the wait for tie up of the 2 subsea Xmas trees with the pipeline & subsequently flow to the plant at Orbost. Once that's out of the way (with no showstoppers), daily flwrates etc will b easy to monitor from the GasBB portal & Rev/Cashflw etc from the qtrly releases.
 
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