CTP central petroleum limited

Ann: Quarterly Activities Report & Appendix 5B, page-2

  1. 6,458 Posts.
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    Not bad, but could have been better at Range. Looks like they shut one of the wells in during the quarter which when the wells aren't properly shielded means you lose ground in dewatering - another consequence of this poor pilot setup. Recovered by end of Q and now averaging 100 Mscfd which is a new record.

    I'm convinced it's an asset that has value for someone with pockets deep enough to do it properly.
 
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