CTP 0.00% 4.9¢ central petroleum limited

Released just prior to AGM???, page-12

  1. 555 Posts.
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    Santos selling down part of their Dukas shareholding is not something CTP would have knowledge of, and even if they did they could not release that information. i doubt that Santos finalised the deal to help CTP have a happier annual shareholders meeting.

    Someone has known for awhile and been buying up on the side. Santos is not disclosing how much they got, I would assume it is likely to pay for their share of costs for the next phase of drilling and possibly some extra. I am pretty happy with what has happened, Santos knocked back the chance to take a bigger slice of Dukas, so CTP has to pony us some $'s to finish Dukas but if there is helium there then our reward will be even greater. The real question is how much money does Peak Helium have and could they be a potential partner on Zevon as Helium seems to be their main business, where delay was Santos's.
 
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