CTP 0.00% 5.2¢ central petroleum limited

Ann: Annual Report to shareholders, page-38

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  1. 11,084 Posts.
    From what has been said before, the gas investment is a long term proposition, discovery of oil is the cash flow answer, if it is available, and if Cottee really has to rationalise between risk drilling Surprise 2, 3, 4, etc and going for gas and pipelines, he should come out and let shareholders know that he has changed his mind because of extra info he has, that shareholders definitely have no idea about, ... except for experienced people like yourself PSi
    Surprise 1H results, as stated before, is not surprising as it was an unfinished well, and IMO, Surprise East should have been drilled so shareholders and the company can move on as required.
    In the meantime, something very wrong that Cottee and company putting Surprise field in the bottom drawer.
 
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