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Reserves Position

 
Cooper Energy Recoverable Oil at 30 June 2010

Cooper Energy is pleased to announce that a the end of the 2009-2010 financial year, the Company's Proved (1P) recoverable oil volume is 1.7 million barrels of oil. The Proved plus Probable (2P) recoverable oil volume is 2 million barrels of oil.

recoverableoil

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The Proved Developed category represents the existing production from our 9 oilfields in the Cooper Basin, South Australia.

Cooper Energy reports hydrocarbons in accordance with Cooper Energy's Hydrocarbon Reporting Guidelines.

Recoverable Hydrocarbon Reporting Guidelines.