CTP
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4.17% 5.0¢ central petroleum limited

what an opportunity - an npv of 50c per well, page-14

  1. jakspara
    9,664 Posts.
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    16/05/10
    15:13
    Post #: 6700197
    Very good point karll.

    CTP :"Similar target to Mereenie Oilfield structure."


    psi :"It is NOTHING like Mereenie geologically. It's the same source rock, that's all."


    Wouldn't the same source rock mean it is infact "similar" geologically and not "NOTHING like Mereenie"? When you say geologically do you mean the structure of the target and how are we to know it isn't infact "similar"?
    CTP Price at posting: 33.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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