CTP 1.85% 5.3¢ central petroleum limited

news just out , page-70

  1. 744 Posts.
    lightbulb Created with Sketch. 8
    Hi all, great news about the oil column but poor quality reservoir was the killer! but if you look at the earlier announcment showing a section of the prospect, you'll see the target of the next well will be the BIG test. This first well seems to have been a strategraphic test for hydros? which has worked! but now they need to find reservoir! (with hydros)

    I own some oppies, might buy some more, but i'm not excited by the CEO or his backers. Hope I'm proved wrong and mid-large oil field is found and flows profitably .. and socialists in Canberra don't decide to take all the profits!

    Dh.
 
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