CTP 6.42% 5.1¢ central petroleum limited

Ann: Drilling Update - Encouraging Indicators at Dukas-1, page-64

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  1. 7,928 Posts.
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    Thanks PSI. It’s pretty serious stuff then. Knowing you’re quite conservative and don’t excite too easily, its assuring to find this well is exceeding your expectations.

    Would you care to speculate when drilling might continue and what it might involve?

    if bigger rig is required and they go back down the same hole perhaps late spring and completion this year still?
    Can they beef up liners and increase the kick tolerance?
    Or do they need to start again?
    Your thoughts COS now? (You had it at 10% before Dukas hit overpressure news)

    Thanks
 
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