ETR 0.00% 0.7¢ entyr limited

sell levels, page-7

  1. 13,529 Posts.
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    "apart from trading anomalies after a good well result. (IF) what do you guys see as the next stage for Ctr."

    From an opperations side they will have to install a tank battery for storage at #5, finish a take off agreement for current and future wells . With success at #5 hopefully the choke will be opened further on #4.

    With the rig freed up they should be able to start on the first of the two re-entry wells and we also have 3D to start.

    Results of 3D combined with results from #4 and #5 should give us much higher P1 and 2 reserves , that will be the key to how funds will be raised in the future.

    Lots to do and spend on, helped by a rising income but a lot rides on the results of #5.

    Cheers Whisky
 
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