CTP central petroleum limited

Well Leon should at least be congratulated for trying to...

  1. 740 Posts.
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    Well Leon should at least be congratulated for trying to communicate more, and hopefully we will get these drilling updates every fortnight or so.

    Good news that they are essentially sticking to their timing guidance from the last quarterly for the Range drilling. Let's hope that starts soon and goes smoothly (and finds something worthwhile!).

    Disappointing that Dukas is a bit slower going, but imagine they may be trying to go careful. Keeping in mind the target was ~3,600 MD (per the 16 April spudding ann) and they only have drilled approx. 400m in the last 2 weeks, we may end up at the far end of that 1-2 week estimate to hit the target.

    Fingers remain firmly crossed...
 
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