Looking at it, I think you may have missed some info. Like where it is to select the data from?
Insert into CO_PACKAGE(VERSIONBUILD, VALIDITYDATE, USEDCOUNTERS )
Select P_VERSIONBUILD, P_VALIDITYDATE, P_USEDCOUNTERS;
Should be along the lines of:
Insert into CO_PACKAGE(VERSIONBUILD, VALIDITYDATE, USEDCOUNTERS )
Select P_VERSIONBUILD, P_VALIDITYDATE, P_USEDCOUNTERS
FROM MyTable WHERE MyColumn=MyValue;