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0.00% 5.3¢ central petroleum limited

Ann: CENTRAL ACQUIRES 50% OF MEREENIE OIL & GAS FIELD FROM SANTOS, page-8

  1. postlapsarian
    1,705 Posts.
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    04/06/15
    12:30
    Post #: 15411534
    psi,
    I haven't really looked at CTP (or Australian equities in general) in depth since I left Aus a few years ago... do you have a general idea of CTP break even point for Mereenie projects?

    Energy prices will be remain suppressed in the medium term, and it's unlikely we are going to see 2007 style prices unless the US clamps down on fracking.
    CTP Price at posting: 15.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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