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Cooper Energy provides revised FY2022 Guidance

May 16, 2022

Cooper Energy Limited (ASX: COE) announced revised FY2022 guidance.

  • Production which was 3.0 – 3.4 MMboe in its previous guidance is now 3.2 – 3.4 MMboe.
  • Sales volume in the previous guidance which was between 3.7 to 4.0 MMboe is now 3.7 to 3.9 MMboe.
  • Underlying EBITDAX guidance has improved from AU$53 to AU$63 million to AU$57 to AU$68 million.
  • Capital expenditure guidance has been revised lower from AU$24 to AU$28 million to AU$19 to AU$21 million.

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