I agree Camdenbob, that CTP must be pretty confident that they will be generating income from oil sales and Joint Venture contributions in the not too distant future. Their plans as stated by Richard Cottee point to this occurrence.
As the CEO states "Let me make it clear; Central Petroleum Limited is an oil and gas explorer soon to be a producer in central Australia focussed primarily in the Amadeus and South Georgina Basins."
It will be very interesting if CTP's Brisbane office is located at 32 Turbot Street, Brisbane (specifically 22 Santos Place) (lol)!
Regards,
Goggo
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