The company reported third quarter revenue of A$18.4 million (US$17.44 million), compared to A$11.7 million for the same period last year.

Cooper said the rise was the result of higher oil prices and a higher volume of oil delivered for sale.

The company produced a total of 145,670 million barrels of oil during the quarter, with 143,718 barrels delivered for sale. This represented a 41% increase in total oil production compared to the 2012 third quarter.

Capital