CTP 7.69% 4.8¢ central petroleum limited

Ann: IPL Gas Sales Agreement and Queensland Acreage Farmin, page-3

  1. 5,460 Posts.
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    Here is the GSA commentators have been whining for. IPL will take every molecule CTP can send down NGP to save the Gibson Island urea plant by switching Phosphate Hill's gas supply.

    As far as the choke point for greater throughput is the capacity of the Mereenie-Amadeus pipe, APA will be pleased to add compression.

    Willing customer. Willing transporter.

    Which turns the focus back onto CTP and the Mereenie WM 23 hole - drilling away. It must have turned the corner and be drilling into the lateral production section by now. See p11 of CTP's March Q report. The suspense ends in a few short weeks.

    The absence of news suggests all is going to plan - cos as we know, bad news travels at the speed of light.

    Anxious holders can distract themselves inhaling some of justin's helium.

    GLTAH

    Ash
 
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