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3,084 Posts.
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05/07/11
20:02
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re: Ann: 11.07.05 CTOP Hires New Unconvention...
"CTP have NO Oil , Gas , Helium , Coal or Fish!"
CTP have found oil in both the Johnstone and Surprise drills.
They haven't proven up whether it is recoverable yet, but time will tell. To claim that they have NO Oil is to belie the facts.
It is a fact - there is oil there.
What is unknown is whether that oil is recoverable in quantities that make it economically viable.
CTP claims that they expect to resume drilling at Surprise in August.
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