Cooper updates Indonesian ops

Wednesday, July 21 2010 - 02:17 AM WIB

The following is an excerpt from Cooper Energy (COE)'s quarterly activity report ending 30 June 2010, which released on Wednesday. (ed)

South Madura PSC (COE 30% and Operator)
Civil works were completed and the rig mobilisation commenced for Gigir East-1. The well is expected to spud around the end of July 2010.

Further information will be announced at the appropriate time.

Sukananti Production Project (COE 55%)
During the period the draft documentation for the Contract with Pertamina and the Joint Venture with MAP was finalised.

Work-over programs for the first wells are in preparation. It is hoped that on the ground activities can commence during this quarter, subject to the execution of the final Contract. (end of edited excerpt)

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