CTP central petroleum limited

Updates ?, page-22

  1. CHN
    822 Posts.
    lightbulb Created with Sketch. 330
    Thanks but I don't find that convincing. The sheer weight of global money into development and research
    on renewables/genuine low emission technology (which does not include CCS IMO) is what seems to be
    hindering recovery in oil & gas.

    There is the ongoing need for oil for uses other than fueling vehicles & power generation. Maybe there is enough of that already in
    OPEC & Russia. They are very cheap producers

    So there will be significant use of oil & gas as the switch to genuine low emission energy use takes place and so existing oil/gas
    supplies like those belonging to CTP will be able to make good money and hopefully be attractive to a cashed up acquirer. That's why I think
    that maybe a takeover is our answer (or at least my answer - 22 cents will cover me)

    The big question is how long will the switch to low emission energy take. A big breakthrough in revolutionary technology could create a rapid
    switch. The pure size of the world's energy market could deliver staggering riches to those who succeed. Just like oil did in the past.

    Cheers to all


 
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5.8¢
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