CTP 7.69% 4.8¢ central petroleum limited

december quarterly , page-31

  1. 310 Posts.
    lightbulb Created with Sketch. 34
    Not much new in the report.

    Hints about suprise but no new wells to be decided on before 3rd qtr.
    Doesn't look like we will drill suprise again till after the options are hopefully converted.
    There were some positives in the report but also that the JV's will become final this quarter.
    Interesting comment that Rawson needs to agree to JV on their block.

    Lack of reaction by the market is not suprising. My guess is the analysts haven't even opend the report yet. Start with the big companies reports and work down. So maybe by the end of next week, or after the JV's are committed to we will get some good action.

    good luck to all
 
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