CTP 7.69% 4.8¢ central petroleum limited

Form 10-K: Dingo Gasfield only 18 Bcf NOT 30 Bcf as reported by CTP!, page-14

  1. 26 Posts.
    PSI81, Are you really serious? I cannot believe any one with any geo knowledge could make the commen,

    "It's a low yielding asset but it's the lowest risk asset CTP is ever likely to see".

    You shot yourself in the foot (at the very least) and lost your credibility with that one mate.

    With all do respect, do you work for CTP? Do any consulting or joined full time or work for Freestone?

    Mate the Amadeus is a tight Basin that is still trying to be worked out with only 37 exploration wells drilled. The Surprise Oilfield for just one example was thought by the company to flow at much higher rates after an EPT of 6 months, BUT it is flowing at only a fraction of what they thought because most likely (as you previously acknowledged before in a post) that there was a potential permeability barrier out there. You think this same thing cannot exist at DINGO mate? Really? Really Really?

    That comment is very misleading and your willing to bet your reputation on that? It appears so.

    Mate you seem to know very little about this Basin to be making claims like that!

    Reputation shot IMO. Good luck with your other posts but i suggest you try to keep a low profile on this one of yours, "It's a low yielding asset but it's the lowest risk asset CTP is ever likely to see".

    My God!
 
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