Brilliant news, O&G.
The pipeline was slated to become operational 1 December. Today is 22 July, so it is 4 months and a bit early. The Philips Creek compressor is incomplete, but imminent.
I know of a little gas producer with plentiful supply that would really, really appreciate cashflows three or four months earlier than forecast to fund more drilling and needed engineering works.
The share price has already ticked up at this prospect.
So, does anyone know when CTP's gas will start flowing?
Ash
NGP Construction Complete & Fracking Implementation, page-6
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5.3¢ |
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Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
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| No. | Vol. | Price($) |
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| 2 | 234750 | 5.3¢ |
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| Price($) | Vol. | No. |
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| CTP (ASX) Chart |