Cooper Energy Sees Marginal Gains in Q4 Production

Cooper Energy Limited (AU:COE) has released an update.

Cooper Energy Limited reports a slight 1% increase in production to 63.9 TJe/d and a 2% rise in revenue to $57.3 million for Q4 FY24, compared with the previous quarter. The Orbost Improvement Project contributed to operational advancements, with a notable extension in absorber runtime. Despite challenges including pipeline constraints and the completion of the BMG wells decommissioning, Cooper Energy is focusing on its East Coast Supply Project to meet burgeoning gas demand.

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