I can't really comment on why STX hitting overpressured gas excited the market while CTP hitting overpressured gas didn't. You'd have to ask the market. I assume STX is viewed as a nearology play to Waitsia.
As for why STX was able to up the mud weight and keep drilling, as I said it likely comes down to safety tolerances. The overpressure at Dukas may be significantly higher or the rock at the casing shoe may be weaker, or STO may have concerns about mud losses.
- Forums
- ASX - By Stock
- CTP
- Ann: Dukas 1 Drilling Update
CTP
central petroleum limited
Add to My Watchlist
0.00%
!
5.6¢

Ann: Dukas 1 Drilling Update, page-62
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
5.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.73M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.6¢ | $35.48K | 624.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 3617 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.055 |
2 | 400000 | 0.054 |
3 | 330000 | 0.053 |
3 | 295012 | 0.052 |
5 | 1259600 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 3617 | 1 |
0.060 | 115988 | 2 |
0.061 | 50000 | 1 |
0.062 | 112000 | 2 |
0.065 | 200000 | 1 |
Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |
The Watchlist
RC1
REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online