CTP central petroleum limited
Add to My Watchlist 6.67% ! 5.6¢

The era of cheap natural gas is over, page-8

  1. numeraire
    449 Posts.
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    10/08/21
    17:07
    Post #: 55178957
    Yes reserve upgrades are key and CTP have a diversity of drilling programmes for this.

    Amadeus breakeven currently runs at $7 - $8/GJ city gate, and the AMGP will bring this down to $6 - $7/GJ city gate. Range should also assist bringing the overall breakeven costs lower as well.

    Not bad given the Port Kembla LNG import terminal breakeven is estimated around $10/GJ.
    https://hotcopper.com.au/data/attachments/3454/3454124-83573f29e2c7d892734f77d8f8164425.jpg
    https://hotcopper.com.au/data/attachments/3454/3454127-4f4e1e8c7cc0fe13542ea7c87a7f5889.jpg
    CTP Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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5.6¢ 		Change
-0.004(6.67%) 		Mkt cap ! $41.73M
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6.0¢ 6.0¢ 5.5¢ $32.90K 579.6K

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No. Vol. Price($)
1 9098 5.6¢
 

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Price($) Vol. No.
6.0¢ 215988 4
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Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
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