Seismic Program Commenced at Cooper's Nabeul Permit

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Cooper Energy has completed a 74,132-acre (300-square kilometer) 3D acquisition program in the Hammamet offshore permit. The data acquisition was conducted over the Tazerka oil field and Kasserine prospect areas. The operator anticipates that the processed 3D data will be available for examination in 2Q 2012.

Additionally, Cooper commenced a 148,263-acre (600-square kilometer) 3D acquisition program in the Nabeul permit. The seismic survey is being conducted over the western portion of the permit, adjacent to the Birsa and Oudna producing oil fields. The purpose of the program is to mature the Alpha, Gamma and Delta leads into drillable prospects. The program is scheduled for completion in roughly 50 days. 

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