NWE 0.00% 5.6¢ norwest energy nl

ctp jv valued at $12-$15 per acre

  1. 193 Posts.
    Morning all,

    Just found this on the CTP thread which was referenced from the AFR this morning...

    "Elsewhere, Central Petroleum is on the verge of its first farm-out deal under new CEO Richard Cottee. The deal is thought to be priced at $12 to $15 per acre of shale gas exploration territory, well above Central's trading price of about $2 per acre.

    Santos is believed to be a top candidate although internationals such as Statoil and Hess were also among those in the data room." - Posted by STOOPS (#8593689)

    How many acres do we have in 413 and how does this price compare (oil excluded as it is a bonus) to what we expect??

    TY
 
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