CTP 0.00% 5.1¢ central petroleum limited

it's a good point Andrew. I posted this question earlier today,...

  1. 70 Posts.
    it's a good point Andrew. I posted this question earlier today, but got lost in the reporting of increases in the share price and went unanswered, so wonder if you or someone could help me understand where we are at:

    What (after 'tests are run') determines 'commercial viability'? Quantity of oil? Quality of oil? I've seen 'flow rates' mentioned, does that describe how readily the oil is retrieved? Are there any indications from current activity to suggest it is commercially viable at this point?

    Is it at all possible to ascribe any kind of probability to getting a certain result from testing, based on what we know now?

    Like I said, i'm learning it's like having to flip a coin twice and having it come up heads both times. "finding oil" is obviously not enough.

    thanks for any info you might have
 
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