CTP 5.66% 5.6¢ central petroleum limited

The fields are behaving like tight gas fields often do, you...

  1. 6,316 Posts.
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    The fields are behaving like tight gas fields often do, you think they're nearly done but tight gas support keeps them chugging along for years resulting in repeated reserves upgrades.

    Dingo's initial reserve certification in 2015 was 29 PJ, it's had 8 years of production since, yet current 2P gross is now 44 PJ.

    PV when the NGP started had 24 PJ, it's been producing at much higher rates than Dingo yet 4.5 years after restart 2P is now 27 PJ.

    And it's NSAI certifying these reserves, the global leaders.

    The Amadeus fields are mature fields, but they are in the Over 55s Lifestyle Village rather than the retirement home.
 
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