AJQ is looking for a JV partner and is starting to run low on cash after a semi successful drill program in NW QLD and NT ... Would be a good candidate but... I believe AJQ were thinking of Farming out to a major(s) ....maybe a CTP/Total or CTP/Santos syndicate farmin in ??
Long shot though...
What does CTP need ... Short Term Cash producing wells...Just like NSE who were long term prospect rich but short to mid term production well and poor. So NSE Farmed into the Copper Basin and the Eagleford Shales.
Perhaps they are farmin into somewhere like the Eagle ford for some short term cash flow ...
I know that Cottee is a director of AKK:ASX (Oil/Gas in the US) perhaps he intends CTP to swallow AKK for some nearer term production $
All is Speculation on my part...
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