Cooper Energy Limited (ASX: $COE) H1 FY24 report

Cooper Energy Limited (ASX: $COE) has released its Half-Year Financial Report for the period ending 31 December 2023. The company achieved record gas and oil production during the first half of the financial year, with a 0.5% increase in production compared to H1 FY23. The report also highlights the company's operations, workforce, health, safety, environment, sustainability, and ongoing projects.

Executive Commentary on H1 FY24 Performance

The company's H1 FY24 gas and oil production reached record levels, demonstrating our commitment to operational excellence and efficiency. We are pleased with the performance of our offshore and onshore assets, and the progress made in our transformation program. The increase in crude oil production from our non-operated Cooper Basin assets is a significant achievement and reflects our dedication to maximizing the potential of our existing resources.

Summary of H1 FY24 Report and Outlook

Cooper Energy's H1 FY24 report showcases the company's strong operational performance and commitment to sustainable growth. The record production levels and ongoing projects indicate a positive outlook for the company. With a focus on cost-out initiatives and exploration prospects, Cooper Energy remains well-positioned to contribute to Australia's energy future and meet the growing demand for gas and oil.