Possible outcome would be for CTP to proceed drilling alone to meet state government oil exploration permit conditions/ unknown time frame. So not to jeopardize permits. Offer BG the opportunity to re enter at a later stage,thereby allowing further information to be developed during drilling on the project ,and getting close to BG risk aversion policies ,criteria,. BG given a different J.O.A. Hopefully further info from company today.
CTP Price at posting:
13.8¢ Sentiment: Buy Disclosure: Held
