Level 10, 60 Waymouth Street

Adelaide SA 5000

GPO Box 1819

Adelaide SA 5001

Tel: +61 8 8100 4900

Fax: +61 8 8100 4997

customerservice@cooperenergy.com.au www.cooperenergy.com.au

ASX Announcement / Media Release

12 June 2013

Hammamet West-3 Well - Weekly Operations Update Report No. 11

Cooper Energy Limited (ASX:"COE") ("Cooper Energy") as Operator (and 30% joint venture interest) of the Bargou Permit, offshore Tunisia, provides the following operational update on the Hammamet West-3 well.

Well details :

Hammamet West-3 is located 15 km offshore and 1.6 km east of Hammamet West-2 in 54 metres water depth (see attached map). The nearest producing field is Maamoura, 12 km SW.

The well objective is to drill and test a highly deviated wellbore through the naturally fractured Abiod Formation reservoir to confirm oil productivity.

Activity at 06.00 hours

12 June, EST:

The current operation is pulling out of the hole to run wireline logs. The 6" pilot hole reached a total depth of 3,437 mRT* in the Abiod Formation.

Progress since last report :

The 7 inch casing liner was cemented in place and the oil based mud system was replaced by a water based mud system. The well was drilled ahead in the Abiod formation from 3,032 mRT* to a total depth at 3,437 mRT*

Planned activities :

Evaluate the reservoir section by running wireline logs and a vertical seismic profile to confirm the tie between the well data and seismic. Following the formation evaluation, the pilot hole section will be plugged and the well deviated to drill a planned 580m near- horizontal wellbore in the Aboid Formation targeting fractures.

*mRT - Depth in metres below the rotary table or drilling floor.

Weekly updates on well progress through the drilling campaign are provided to the ASX on each

Wednesday.

Further comment and information:

Hector Gordon
Executive Director - Exploration and Production
+61 8 8100 4900

Location of Hammamet West-3 well, Offshore Tunisia About Cooper Energy Limited ("Cooper")

Since listing on the ASX in 2002, Cooper has built a portfolio of near-term low-risk development and appraisal projects as well as high-impact exploration prospects. Cooper currently benefits from approximately 500,000 barrels of oil production per year from the Cooper Basin, South Australia, with approximately 150 barrels of oil per day gross production from its Sukananti KSO in Indonesia. Cooper also has prospective exploration licenses in Australia (Cooper, Otway and Gippsland Basins), Tunisia and Indonesia. Cooper enjoys a solid balance sheet, good production earnings, and has a clear strategy to enhance shareholder return.
www.cooperenergy.com.au

distributed by