CTP 10.0% 5.5¢ central petroleum limited

dear john ...., page-35

  1. SRF
    1,046 Posts.
    Typo or not, Ravi's post was misleading.

    First of all, Surprise1 is NOT producing 380bbls per day nor an hour.

    It was just a FLOW TEST with a MAX flow rate over a few hour period of 380 bopd from an EXPLORATION well. No one know if it will actually flow 380bpod 24/7 for a few years or just a few days.

    It still need an Extended Production Test to confirm if it flows commercially.

    Also need to determine the resource size.

    We will know hopefully by Q3-Q4 2012.

    It the news is good aftr EPT, that's the time you will see your multi bagger.
    Until then, sit tight.


    Ps. this is feeling a bit like GDN. Just replace Wisdom with CB. :)

    GL

 
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