1, Otway Basin

The information in this presentation:

• Is not an offer or recommendation to purchase or subscribe for shares in Cooper Energy Limited or to retain or sell any shares that are currently

  held.

• Does not take into account the individual investment objectives or the financial situation of investors.

• Was prepared with due care and attention and is current at the date of the presentation.

• Actual results may materially vary from any forecasts (where applicable) in this presentation.

• Before making or varying any investment in shares of Cooper Energy Limited, all investors should consider the appropriateness of that investment in light of their individual investment objectives and financial situation and should seek their own independent professional advice.

  Qualified petroleum reserves and resources evaluator

  This report contains information on petroleum resources which is based on and fairly represents information and supporting documentation reviewed by Mr Andrew Thomas who is a full time employee of Cooper Energy Limited holding the position of Exploration Manager, holds a Bachelor of Science (Hons), is a member of the American Association of Petroleum Geologists and the Society of Petroleum Engineers and is qualified in accordance with ASX listing rule 5.41 and has consented to the inclusion of this information in the form and context in which it appears.

  Rounding

  All numbers in this presentation have been rounded. As a result, some total figures may differ insignificantly from totals obtained from arithmetic addition of the rounded numbers presented.

  Dollars

  Unless otherwise specified, all dollar amounts are expressed Australian dollars.

  Reserves and resources calculation

  Information on the company's reserves and resources and their calculation are provided in the Appendices to this document.

  
  

  
  

  
  

  
  

  Key figures
  Shares on issue	333.7 mill
  Shareholders	4,945
  Market capitalisation2	~$80 mill
  Cash & investments3	$30 mill
  Debt	Nil
  Employees (FTE Australia)	21

  Cooper Energy is an independent Australian exploration and production company

  • Cash generating from production of approx. 450,000 - 500,000 barrels of oil pa

    
    

  • Strong balance sheet, zero debt

    
    

  • 190PJ of 2C Contingent Resources1 (net to COE) being developed for gas opportunity in Eastern Australia

  • Management team and Board experienced in growing resource companies

  • Listed in 2002, history of profitable operations and successful exploration and development

Cooper Energy share register

36%

43%

Institutional Corporate

Employees & Directors

1 Refer notes on Contingent Resources included in Appendices to this document

2 As at 6 April 2016

3 As at 31 Dec 2015

2%

19%

Private

1 2 3 4

1 69% Australia and 31% Indonesia

2 31 December 2015

3 Gross 100% joint venture share, as announced to ASX on 26 November 2015, 17 August 2015 and 25 May 2014. Refer notes on resource calculation included in appendices to this document