CTP central petroleum limited
Add to My Watchlist 0.00% ! 5.8¢

News: CTP Central Petroleum Updates On Palm Valley Field Reserves

  1. Hot News
    193,698 Posts.
    lightbulb Created with Sketch. 2825
    clock Created with Sketch.
    12/06/19
    10:20
    Post #: 39014377

    June 12 (Reuters) - Central Petroleum Ltd (CTP) :

    • ADJUSTMENT TO PALM VALLEY RESERVES RESULTS IN 8.4% REDUCTION IN CENTRAL'S TOTAL 2P GAS RESERVES AS AT 30 JUNE 2018 TO 154.5 PJS
    • INTENDS TO INVESTIGATE OPTIONS TO CONVERT 2C INTO 2P; REVIEW ADDITIONAL PALM VALLEY DRILLING OPPORTUNITIES
    • PALM VALLEY FIELD EXPECTED TO DECLINE FROM AROUND 12.5 TJ/D TO AROUND 5 -7 TJ/D AFTER TWO-YEARS, AND THEN SLOWLY DECLINE THEREAFTER
    • ADJUSTMENT TO PALM VALLEY RESERVES WILL NOT IMPACT ON CENTRAL'S ABILITY TO MEET CURRENT FIRM SALES OBLIGATIONS
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS The biggest ASX director trades from the last week
right-arrow Created with Sketch.
NEWS Explore the latest ASX Market News
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 025 – Locksley rap video gives Hilltop Hoods run for money
right-arrow Created with Sketch.
NEWS High-grade silver intercepts confirmed at Kempfield Project
right-arrow Created with Sketch.
NEWS First assay results returned from ongoing drilling at Gold Duke Project
right-arrow Created with Sketch.
NEWS Ausgold set to commence extensive multi-rig drilling campaign at Katanning
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
5.8¢ 		Change
0.000(0.00%) 		Mkt cap ! $43.65M
Open High Low Value Volume
6.0¢ 6.0¢ 5.8¢ $6.38K 107.7K

Buyers (Bids)

No. Vol. Price($)
3 358366 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 283661 2
View Market Depth
Last trade - 16.10pm 19/09/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.