CTP
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0.00% 5.2¢ central petroleum limited

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  1. Ya
    6,809 Posts.
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    04/01/12
    21:23
    Post #: 9510785
    Nearly got it PSI :)

    Forgot 1 key variable, Geometric factor.

    So multiple yr OIIP (100 mmbbls) by this factor, i.e, 35 to 50% (as used by CTP, convert it to decimal as u've done with the rest). Other variables r fine.

    Also yr 'rec fac' is too high, for NT I'd use 8-15%, formation's too damn tight.

    cheers
    CTP Price at posting: 26.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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