CTP has numerous potentially valuable exploration prospects. Potential drill success opens significant value new resources. Dukas, Mount Kitty, Magee, Mahler drill success would justify building pipeline direct to MOOMBA. Current east coast market access risks using NGP would be less disruptive operationally and less financially significant.
On basis of that assessment CTP is extremely cheap take-over prospect.
CTP itself currently has choices it could exercise now. It cold retain current producing fields in existing legal structure, become dividend paying business, and IPO exploration prospects or vice a versa.
Dukas, Magee, Mahler, Mount Kitty drill success enables CTP to readily raise new capital continuing those fields development.
At that time CTP would be more valuable and less cheap to buy.
Cue Energy, N.Z. Oil and Gas, Macquarie, Troy Harry and associates, Santos, and unnamed Strategic Review interested parties are all potential actors in the situation.
Indirect substantial USA financial interests may be brought to situation as Beetaloo Basin listed EEG redomiciles itself to USA ?
CTP DEVELOPMENT POSSIBILITIES
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