CTP 1.96% 5.0¢ central petroleum limited

just out , page-32

  1. 11,084 Posts.
    Hi Dex,
    what a huge disappointment for us holders.

    But I agree and have stated before, that I don't understand why, (if the drilling team was up to par, ... tech. wise), they didn't fracc as they went along, as is shown in various drilling videos (US, Canadian), such as below.
    I would think it would not cost too much more or take much longer, after casing and putting in the explosive charges, etc. to at least give a better indication to what oil is or isn't there in that particular well.

    IMO, we've only one card left, to keep the SP at least where it is, (until drilling resumes next year) and that is what, if any, coal deal JH may have up his sleeve, or somewhere.

    http://www.youtube.com/watch?v=O0kmskvJFt0&feature=related

    http://www.youtube.com/watch?v=cEmadgNz9vI&feature=related

    :( RAVI

 
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