CTP
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1.85% 5.5¢ central petroleum limited

Friendly Speculation on next CTP Close, page-47

  1. psi81
    6,323 Posts.
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    20/08/19
    18:14
    Post #: 40062285

    Back of envelope calculation for 2C:

    GIP: 380 bcf

    2C: 150 - 200 PJ

    Actual 2P estimate IMO is eventually going to be around 100 to 150 PJ depending on how much is developable. So 50-75 PJ net to CTP. But we're some years away from knowing if that figure is correct.

    CTP Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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