CTP 1.92% 5.3¢ central petroleum limited

the complete idiot’s guide to the election., page-20

  1. 11,084 Posts.
    "Segugio said: "The full technical team at CTP including Dalton Hallgren and external engineering consultancies backed the idea of more drilling for more oil production and finding out the lowest oil water contact to determine the size of the field. It was the remainder of the Board, not JH, who backed away from this "

    This has already been addressed, ...... Not enough money to ensure "going forward", and JH probably over enthusiastic, but can't blame him when so close to "promised land".

    .... but if figures released are correct, you would have to think twice before risking another drill with a rig that was questionable, IMO.

    RAVI
 
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