South Perth-based oil and gas company Cooper Energy Limited has posted an unaudited net profit of $9.4 million for the year ended June 30 2006, which the company attributed to buoyant oil prices and strong production.

South Perth-based oil and gas company Cooper Energy Limited has posted an unaudited net profit of $9.4 million for the year ended June 30 2006, which the company attributed to buoyant oil prices and strong production.