CTP 7.69% 4.8¢ central petroleum limited

Thanks ikikyabut.I've looked at some of the Government Reports...

  1. 1,075 Posts.
    Thanks ikikyabut.

    I've looked at some of the Government Reports and even posted in a previous post how to find one.

    What they seem to be saying is the organic material is up to 5% yet RC mentioned a figure of 9.5%, which has got to be better.

    What I do not yet understand is this relevant for conventional oil, unconventional oil, or unconventional gas?

    Also what relevance can we place on the figure with respect to reserves?

    Is the real value of the Horn Valley Siltstone in conventional oil or is the coventional oil arround Suprise a bonus to the true benefits of the possible unconventional oil and gas?

    I'm trying make a rational assesment to get a true indication of CTP's assests in the Horn Valley Silstone assests and at the moment I'm finding that extremely difficult.

    I have to stop myself from thinking this is getting bigger all the time and I really don't know the starting point. My feeling is this is all looking very positive.

    Any help would be appreciated.

    Cheers
 
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