CTP central petroleum limited
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Ann: Dukas 1 Drilling Update, page-35

  1. aabbaadd
    1,144 Posts.
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    07/08/19
    17:18
    Post #: 39907345
    Original planned total depth was 3600m. Its now drilled to 3704m. Gillen is " several hundred metres " further. So actual drilled total depth will be about 2000m. Does Santos earn its 70 % at planned total depth or actual drilled total depth ? Seems likely the latter. That may just leave shale investigations to do for thorough evaluation of frack suitability and enhancement of potentila total recoverable volume ?
    CTP Price at posting: 14.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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