Cooper Energy

Cooper Energy Ltd 28-Jul-05 Tunisian Department of Energy Hydrocarbon Consultative Committee has agreed to award Cooper Energy (BVI) Ltd a Prospecting Permit over the Bargou Block in the shallow offshore waters of Tunisia.

6-Dec-05 Response to ASX Query

Perth-based oil company Cooper Energy Ltd has posted "another strong quarter of oil production" on the back of its largest ever quarterly production figures and a significant rise in proved oil reserves.

Cooper Energy Limited has announced a 73 per cent increase in interim net profit to $5.2 million (compared to a corresponding 2004 result of $3.0 million) reflecting a strong performance at its core Cooper Basin oil operations.

South Perth-based oil and gas producer Cooper Energy Ltd has acquired a 6.6 per cent stake in Sydney-based oil and gas company Mosaic Oil NL for $5.1 million, the company announced today.

South Perth-based oil and gas producer Cooper Energy Ltd has signed a farm-out agreement for 15 per cent of its 45 per cent interest in the South Madura production sharing contract to a subsidiary of Canadian company Nations Energy, Nations Petroleum BV.

South Perth-based oil and gas producer Cooper Energy Ltd has announced plans to acquire unlisted company Rion Energy through a scrip issue, adding to the company's Indonesian portfolio.

South Perth-based oil and gas producer Cooper Energy Ltd increased its oil sales revenue by 35 per cent in its third quarter to $6.5 million, the company announced today.

South Perth-based oil and gas producer Cooper Energy Ltd has reported a lower net production level for the June quarter due to the impact of May's heavy rains on its trucking operations causing production deferment in all fields and some mechanical downti

South Perth-based oil and gas company Cooper Energy Ltd has announced a $60 million capital raising to fund its farm-in to a 35 per cent stake in a project off the coast of Tunisia.

South Perth-based oil and gas company Cooper Energy Ltd has completed its $55 million placement to Euroz Securities Ltd after winning the approval of its shareholders, the company has announced.

Cooper Energy Ltd has been formally advised by the Tunisian Department of Energy that the Bargou prospecting permit has been converted to an exploration licence for a five year term.

South Perth-based Cooper Energy Ltd has started production at its Parsons oil field facility in the Cooper Basin in South Australia.

Perth-based Incremental Petroleum Ltd said it does not see any synergies in merging with Cooper Energy Ltd as it again reiterated calls to shareholders to take no action on the bid.

Incremental Petroleum Ltd has taken Cooper Energy Ltd's takeover bid to the Takeovers Panel, saying there are certain deficiencies in the offer.

Incremental Petroleum Ltd has recommended its shareholders reject Cooper Energy Ltd's $86 million takeover offer, saying the offer undervalues the company by some 70 per cent.

Perth-based Incremental Petroleum Ltd today dismissed suggestions by Cooper Energy Ltd that it has insufficient cash to fund its growth strategy as "scare mongering".

Acceptances for Cooper Energy Ltd's takeover offer for Incremental Petroleum Ltd have jumped nearly 10 per cent, after the takeover target formally rejected the offer earlier this week.

Cooper Energy Ltd has hit back at share price valuations for its takeover target Incremental Petroleum Ltd, claiming it is not "realistic".

Cooper Energy Ltd has extended its takeover offer for Incremental Petroleum Ltd and declared the offer unconditional and final.

Cooper Energy is today urging Incremental Petroleum shareholders to accept its takeover offer as the corporate watchdog says it will not apply on Cooper's behalf for an extension of the bid.

Cooper Energy has become the major shareholder in Incremental Petroleum, purchasing a share of almost 27 per cent in the company.

Cooper Energy has pulled out of the offshore Seruway Production Sharing Contract located in North Sumatra, Indonesia incurring a $19.8 million write-off for the oil producer.

Cooper Energy says it is well placed to achieve record production for the 2009 financial year as it reports a 17 per cent lift in oil production for the December quarter.

Cooper Energy is set to pocket some $23 million after deciding to accept the higher cash takeover offer for Incremental Petroleum.

South Perth-based Cooper Energy says it has had to reduce oil production from a new well in South Australia after reaching production capacity at nearby fields.

It is not that Perth dealmakers are joining the dole queues, they have just had a little more time on their hands recently.

Shares in Cooper Energy closed higher today after the company estimated that its Hammamet West oil field in Tunisia contained more than 200 million barrels of oil while development costs have been pegged at up to $US430 million.

WITH some experienced campaigners suggesting the current mergers and acquisitions market is the worst they have ever seen, there is plenty of finger pointing to overly exuberant deals of the past few years as the reason for reluctance in the current environment.

Gaines first woman on Fortescue boardElizabeth Gaines has been appointed as a non-executive director at WA iron ore miner Fortescue Metals Group. Ms Gaines is chief operating officer, chief financial officer and an executive director of the Jetset Travelworld Group.

SPECIAL REPORT: Western Australian stockbrokers and companies raised nearly $1.1 billion in 104 transactions in the March quarter, with gold deals being a major driver of activity, according to new data compiled for the BNiQ Search Engine.