CTP 4.17% 5.0¢ central petroleum limited

Ann: Drilling Update - Encouraging Indicators at Dukas-1, page-69

  1. 100 Posts.
    lightbulb Created with Sketch. 16
    If they have 10-3/4" casing and 9-1/2" hole at present they should be able to run and cement another casing string. Probably 7-5/8". Wall thickness probably 0.687" most common in that size for these sorts of pressures but depends on grade and other factors. Will also need an extra 10k x 15k wellhead spool.
    but no reason I can see that they cant flange this thing up and dig deeper - once they get the right equipment.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
0.002(4.17%)
Mkt cap ! $37.00M
Open High Low Value Volume
4.9¢ 5.1¢ 4.7¢ $44.05K 911.5K

Buyers (Bids)

No. Vol. Price($)
2 20000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 164625 2
View Market Depth
Last trade - 15.01pm 21/06/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.