Rincon appraisal program concluded 21 January 2020
(WorldNews Environment)

ASX Announcement / Media Release 21 January 2020 Rincon appraisal program concluded Cooper Energy (ASX: COE) announces conclusion of the two well appraisal program of the Rincon oil field in the Cooper Basin by the PEL 92 joint venture. Cooper Energy has a 25% interest in the joint venture with the balance held by the Operator, Beach Energy (ASX: BPT). The Rincon campaign was designed to test the southern extent of the field with Rincon-2, and the central part of the field between Rincon-1 and Rincon North-1 with Rincon-3. The results of the two wells are (refer Figure 1 following): Rincon-2was plugged and...