Cooper Energy Limited (ASX: COE), an exploration and production company, has announced that the Ensign 931 rig has been released from the Dombey-1DW1 location.
- Dombey-1DW1 drilled to a total depth of 3,384 metres MDRT (Measured Depth Rotatory Table);
- The objective of the well test is to confirm reservoir deliverability and to investigate gas volumes;
- Dombey-1DW1 was drilled with the help of a $6.9 million PACE grant.
At AEST 01:28 PM, the stock was trading at $0.58, up by 0.87% from its previous close.