CTP 0.00% 5.3¢ central petroleum limited

announcement, page-16

  1. 27,743 Posts.
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    well, that they persist, tells you something about what they beleve is down there???

    What is 17 days of buggery, if you succeed on the 20th day to go on to find valuable data further down?

    Who will complain then?

    I sugest someone call the company, and get their perspective.

    Ask them if they think they have been buggering around and what the actual costs are, vs the costs of re-drilling.

    Perhaps the drillers have taken a holiday and left the rig there? perhaps they are running a skeleton crew onthe fishing?

    I dont know. But would be good for someone aqainted with the norms, to call and post an educated factual reply.

    The next hot spot for resources is CSG.

    How much gas do we have?

    Is it commercially extractable from down there?

    cheers
 
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