CTP 2.04% 5.0¢ central petroleum limited

Cash at 30 April 2012 7.15 million.It is now September.Page 3...

  1. 2,609 Posts.
    Cash at 30 April 2012 7.15 million.It is now September.
    Page 3 Company Transformation,5 red crosses 3 green crosses,green crosses start with success at surprise 1.Surely the new management are not claiming Surprise 1 as their success,to my recollection it was JH and the old management that achieved success at Surprise 1.
    Surprise 1 re entry recorded 380 barrels of oil p/d on test.Was that the original flow test when oil was discovered, surely that one line can,t be the results of the EPT.
    Currently 1,383 million shares 302 million options.If the options are excersised and we do have another CR we will have a tidy sum of shares on our register.
    Litigation ongoing, finished,close to resolution, an update would be appreciated.
    One tries to maintain an upbeat outlook but it gets harder.
    Was not the best Presentaion I have read.
 
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