CTP 10.0% 5.5¢ central petroleum limited

simpson 1 , page-14

  1. Ya
    6,809 Posts.
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    T2

    I'd like to know who the wannabe farm-in entity is? Enough of this cat & mouse game i say, would JH put this theory to rest, take the 600k & do something about it. The suspense is deadly & starting to drag on a bit, i tell u. We need a definitive plan towards revisiting B1 as a sidetrack IMO as thats what this party is keen to have a probe at as well.

    Yes, every farm-in agreement comes at a cost of sharing the spoils, but u also share the expenses. Wise call in moving on with the drill program from B1, I say.

    Looking back at B-1, what can one anticipate at S-1, should we were 2b in such a situation, remember we are drilling apprx 20kms East of B-1. IMO, unless some drastic tectonic event took place in the basin, i'd still anticipate a similar sort of continuity (albiet a bit of thickening or thinning mayb) at S-1. The gas is there exactly how much is the big Q ?

    cheers
 
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