CTP central petroleum limited
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what an opportunity - an npv of 50c per well, page-8

  1. grangeh
    10,475 Posts.
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    16/05/10
    13:54
    Post #: 6700125
    The Dhon from your post earlier, where does the company state that the structure is similar?

    TIA.

    "b) JOHNSTONE-1: 15th June targeting 500 Million barrels of oil. 20-25% chance of success. This is massive to say the least. The potential here is mind-boggling. It is similar in structure to the nearby Mereenie oil field which has been in continuous production for almost 20 years."
    CTP Price at posting: 33.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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