CTP central petroleum limited
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Hopefully by end of July there will be news on Dukas drilling -...

  1. tinstuff11
    5,711 Posts.
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    07/07/21
    10:40
    Post #: 54336058
    Hopefully by end of July there will be news on Dukas drilling - drilling from say May 2022.
    To drill Dukas requires the importation of a high pressure rig, so the mobilization costs will be very significant.

    The same rig could then be used for Zevon, once CTP have worked it up to "drill ready"
    Zevon has co-funded 2D seismic later this year to define 3D seismic - I guess the 3D would not be acquired until Q12022 at the earliest.
    This still allows time to work up Zevon to be "drill ready" by Oct 2022

    Bring it on
    CTP Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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