Cooper Energy Limited – trading halt and a new CEO stepping in

At the request of the Company, the securities of Cooper Energy Limited (ASX: COE) were placed in trading halt on July 05, 2018, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in trading halt when the announcement is released to the market or until the earlier of the commencement of normal trading on Monday, 9 July 2018.

Cooper Energy is seeking the trading halt in anticipation of the results of flow-testing Sole-3, the first of two production wells for the Sole Gas Project. Cooper Energy requests that the trading halt remain in place until the earlier of Cooper Energy releasing an announcement in relation to the results of the flow test and the commencement of trading on Monday 9 July 2018; and Cooper Energy is not aware of any other information required to be provided to the market or ASX in relation to the trading halt, nor is it aware of any reason why the trading halt should not be granted.

Cooper Energy (ASX: COE) announced the appointment of Ms. Elizabeth (Betsy) Donaghey as a director of the company which came in effect on June 25, 2018. The stock last traded at $0.355 and has seen a performance change of 7.58% year to date as at July 04, 2018.


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