CTP central petroleum limited
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Ann: Palm Valley PV13 Drilling Update, page-13

  1. OilGasPlanning
    468 Posts.
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    15/10/18
    13:59
    Post #: 36126565
    Spot on psi...


    The facility can't take it and the NGP is full at 44 TJ from Mereenie & 15 TJ/d from Palm Valley.


    Although the GAP result is pretty disappointing at least if , say 10TJ flow is sustainable it will add to the 2P reserves at Palm Valley to even it up a bit to match the 44 TJ/d life at Mereenie.

    We need extended flow tests before we can be sure of long term flows but heres hoping.


    Apparently at the recent AFR conference one of the speakers indicated that Beetaloo was a 10-15 year prospect.

    This is a bit of a concern as it may tend to delay an upgrade of NGP1.

    Regards and thanks

    OGP
    CTP Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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