CTP 2.00% 4.9¢ central petroleum limited

From my understanding the Lateral leg of Surprise was far from...

  1. 135 Posts.
    lightbulb Created with Sketch. 1
    From my understanding the Lateral leg of Surprise was far from optimum, Without going back through the ann's again from what i can recollect, only about 50m of the lateral was considered to be in the sweet spot. PSI I agree with your current decline rates ect, however I still struggle with the fact that the SH'ers were told that the surprise well was not optimal but there was so much more upside potential given that the lateral did not reach its target length, was not in the sweet spot, plus there was another large target area below the current lateral leg. None of the above has been perused at all. I am going back to hindsight but who knows what flows we would have achieved if the lateral was done properly, yes the decline would have been similar but at this point in time we could of been sitting on a flow much larger than what we currently have, it is frustrating given there was so much promise.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
4.9¢
Change
-0.001(2.00%)
Mkt cap ! $36.26M
Open High Low Value Volume
5.0¢ 5.0¢ 4.8¢ $44.43K 899.5K

Buyers (Bids)

No. Vol. Price($)
1 99938 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 164724 1
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.