CTP central petroleum limited
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Ann: Central Signs Drilling Contract with Ensign, page-108

  1. Liladime
    146 Posts.
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    10/02/18
    10:31
    Post #: 30964123
    Post 3

    The immediate aim for CTP is to get the rich helium gas from the Mt Kitty field (one of the highest helium concentrations on Earth from Mt Kitty #1) into production. There is also significant material made public by others about the Mt Kitty helium not released by CTP. They may not even be aware of it which would not surprise me.

    IF however the new Board is able with Macquarie to drill the 2 wells into Mereenie that CTP was suppose to drill now but doesnt for whatever reason, with our Mt Kitty and Ooramina drilling programs, then this also becomes an immediate priority.

    We need to develop fields fast, pay off our debts asap and make profits that the shareholders want to see with a share price to reflect it. We need a more aggressive Board towards drilling and not shareholders.
    CTP Price at posting: 8.7¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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