CTP 2.04% 5.0¢ central petroleum limited

ann out 2.1m recoverable, page-45

  1. 3,134 Posts.
    "The figures I posted are what some oilers are valued on: their in-ground 1P reserves multiplied by $x. "

    It depends on the price of oil. You can't use $6/bbl for oil price at $35/bbl and $120/bbl.

    Today ann was ok. Nothing to shout about. I topped up because of the 2C figures. They will drill the east side and I am confident they will find oil; given is based on 3D seismic.

    Also, if Total hit oil or gas, 13c will look so darn cheap.
 
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