CTP 0.00% 5.3¢ central petroleum limited

160m of net coal, page-54

  1. 5,048 Posts.
    ya,

    santos had the pedirka sitting under their noses and on the doorstep of moomba for years and didn't have the nous to lower their eyes and look a bit closer to home.

    instead they have pursued qld cbm via expensive t/o attempts and expensively belated buying of reserves etc.

    as you say, good on jh for having the guts to go where santos didn't dare to venture.

    i'm looking forward to finishing b1 and moving on to the next 2 cbm wells and with a touch of luck we may have some reserves booked over the next 6-12 months that we can place a value on and provide us with a solid foundation for a long term hold.....and we may just find some oil under all that coal.

    so far so good.

    thanks for the technical contributions.

    cheers
 
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