Cooper Energy (ASX:COE) raised its production guidance for the fiscal year ending June 30, 2025, to 65 to 72 terrajoules equivalent (TJe) per day from the previous forecast of 62 to 69 TJe per day, according to a Wednesday filing with the Australian bourse.
The revision was made following a strong performance at the Orbost gas processing plant compared with previous estimates, the filing said.
The company's shares were up more than 4% in recent Wednesday trade.
Price (AUD): $0.17, Change: $+0.01, Percent Change: +4.24%
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