Cooper Energy post full year revenue up 12%

Company News

by Rachael Jones

Cooper Energy (ASX:COE) released their quarterly report for 3 months to 30 June 2019 showing full year revenue is up 12 per cent showing the value of new gas contracts.

Repairs to the Sole pipeline were completed in this quarter and the offshore project construction is complete and positioned to deliver.

The company is now awaiting the commissioning of the Orbost Gas Plant upgrade that will usher in a new gas supply for south-east Australia.

Shares in Cooper Energy (ASX:COE) trading 0.97 per cent lower at 51 cents.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.