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0.00% 5.3¢ central petroleum limited

Surprise has been estimated at 4-100 MMbbls. Most of the...

  1. Saracen
    3,048 Posts.
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    07/03/13
    13:04
    Post #: 11509194
    Surprise has been estimated at 4-100 MMbbls. Most of the analysts have punted at the 10MMbbls and then given a 40-60% chance of getting that leaving 4-6 MMbbls. The number to beat is 6MMbbls, anything above that is going to give the SP a considerable boost.

    Of interest is the area adjacent to the Surprise well. If this can be drilled quickly on Debt funding, it could significantly open up the area to oil exploration.

    GLTA
    CTP Price at posting: 80.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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