CB,
my bad on the conversion, i stopped reading the announcement about a paragraph in, as that was all i needed to read,
i simply mistook your 3 mbpd as m meaning 1000,
not million, or 3 mm,
so yes, 3 mm bpd is indeed 150 million at a netback of 50$
without getting in to too much of a debate on the reality of 50$ netback/bbl, the cost and amount of wells to drill and plants involved in order to produce 3 mm bopd to surface is a bit mind boggling for an onshore shallow deposit that needs to be liquified and converted. I mean, lets say each well gets 5000 bpd of production (gross exaggeration imo), no decline in rate, you need minimum 600 wells drilled to reach this target. whats a central well cost these days out there? 2 mill/well? 2.4 billion to drill these, how many years?
All i'm saying is i don't think its quite as simple as the calculation central has implied
- Forums
- ASX - By Stock
- CTP
- announcement out
announcement out, page-31
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.22M |
Open | High | Low | Value | Volume |
5.0¢ | 5.3¢ | 5.0¢ | $43.63K | 835.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 135829 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 117423 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 138556 | 0.053 |
1 | 529054 | 0.052 |
1 | 428500 | 0.051 |
2 | 365000 | 0.049 |
2 | 397140 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 117423 | 2 |
0.055 | 275000 | 1 |
0.058 | 200000 | 1 |
0.059 | 519508 | 2 |
0.060 | 212209 | 4 |
Last trade - 15.57pm 27/09/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |