CTP 0.00% 5.0¢ central petroleum limited

coal tonnage, page-2

  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    What we didn't see in this ann'mnt is the Gas Estimate.

    Here are my calcs.

    Tonnage: 1.175 TT
    Gas Saturation: 5m3/ton
    Vol of gas: 5.875 Trillion m3 or 205.4 TCF
    Assuming 50% recovery factor: 102.7 TCF
    Assuming 20& RF: 41.08TCF


    In their model, the gas saturation ranges between 4-11m3.

    So if we use 10m3/ton, we get 11.75Tm3 or 410 TCF gas.
    At 20-50% RF, this is equivalent to 82-205 TCF

    Interesting numbers, that justify further exploration & development in this area, IMO.


 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
0.000(0.00%)
Mkt cap ! $37.00M
Open High Low Value Volume
5.0¢ 5.0¢ 4.9¢ $175.4K 3.512M

Buyers (Bids)

No. Vol. Price($)
4 745979 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 172431 1
View Market Depth
Last trade - 14.18pm 15/08/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.