CTP central petroleum limited
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Ann: Mereenie Production Wells WM27 & WM28 Completed, page-6

  1. O&GInvestor
    741 Posts.
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    27/09/21
    20:42
    Post #: 56386142
    Well let's hope the wells are still ramping up, to "return field production capacity back towards 45 Tj/d" as was advised in the announcement on 30 March 2021, and various other presentations.

    We are also supposed to pick up a further 40PJ (100% JV) in 2P reserves so will be interesting to see if that occurs.

    Judging from the market's reaction today however, I'm not holding my breath.
    CTP Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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