Cooper Energy Ltd V.COE

Primary Symbol: COPJF

Energy Oil & Gas E&P

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.

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Cooper Energy Ltd > "PLEASED TO ANNOUNCE WE HAVE SCREWED THE SHAREHOLDERS AGAIN

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Post by blowme4funon May 01, 2014 3:39pm

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Post# 22514311

"PLEASED TO ANNOUNCE WE HAVE SCREWED THE SHAREHOLDERS AGAIN

The Market Cap is only : $7.2m for these guys they want to borrow $14 million in a private placement. Not only that they want to pay 12% + placement fee and 640 share warrents per thousand dollars . How's that for a solid screwing !!! Shareholders should be outraged and Canam should be embarased to announce how they have screwed their freinds and shareholders and people who belived in the company . FOR SHAME

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