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Cooper Energy Ltd V.COE


Primary Symbol: COPJF

Cooper Energy Limited is an Australia-based exploration and production company. The Company is engaged in supplying gas to south-east Australia and low-cost Cooper Basin oil production. The Company operates through two segments: Cooper Basin and South-East Australia. The South-East Australia segment primarily consists of its Sole and Casino Henry producing gas assets and Athena Gas Plant. The segment also includes exploration and evaluation and care and maintenance activities ongoing in the Otway and Gippsland Basins. It has eight offshore tenements in the Gippsland Basin. It holds 100% interest in these tenements and the Orbost Gas Processing Plant onshore near Orbost in East Gippsland, Victoria. Cooper Basin segment comprises production and sale of crude oil in the Company's permits within the Cooper Basin, along with exploration and evaluation of additional oil targets. The Company’s subsidiaries include Somerton Energy Limited, Essential Petroleum Exploration Pty Ltd and others.


OTCPK:COPJF - Post by User

Comment by moneymotivatoron Aug 29, 2011 2:48am
345 Views
Post# 18988527

RE: NRE: CanAm on BNN !!!

RE: NRE: CanAm on BNN !!!Pope trying to promote this one on BNN with no reaction from the public what a joke as BNN dude had to let viewers know this is a highly speculative company....has anyone else actually read the financials on the company they just purchased for 50/50 stake? which had total liabilities of just over 21 million during end of 2011....
BTW the margins are very weak IMO which worries me especially considering they must finance its 10 million + of convertible debt at 10% interest too I wonder who??? They Issue debt to acquire more debt in BCC hmm. Take a look for yourself at their business acquisition report on Sedar. 
Welcome to the venture (casino) exchange everybody! Some poker table hey Zorro haha.... live and learn GLTA!
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