Cooper Energy pleased at Casino Henry workover

Company News

by Rachael Jones

Cooper Energy (ASX:COE) has announced that the workover on Casino Henry gas project in the offshore Otway Basin Victoria has been completed.

The workover met all technical objectives. Gas production from Casino-5 resumed on 25 April 2018 at flow rates in line with expectations. The duration between rig arrival and departure at Casino-5 was 46 days, with operations interrupted on a number of occasions by unusually heavy ocean conditions.

Gas production from the other wells in the field has been ongoing during the workover operations.

Cooper Energy is a 50 per cent interest holder and Operator of the Casino Henry gas project with other interest holders being Mitsui E&P Australia (25 per cent) and AWE (ASX:AWE) (25 per cent).

Shares in Cooper Energy (ASX:COE) flat at 33 cents.
 

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