CTP central petroleum limited
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Range: There is Jemina appetite to own tolling gas processing...

  1. Ashentegra
    5,998 Posts.
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    18/09/19
    11:48
    Post #: 40465010
    Range: There is Jemina appetite to own tolling gas processing facilities. While here Senex has sold an existing processor, there is no practical impediment to Jemina building a processing plant at Range and tolling IPL and CTP. This would be very capital efficient - one of the financing options LD & team will be considering when choosing the best path forward for Range.

    https://www.oilandgasindustrynews.com.au/2019/09/16/senex-offloads-roma-north-gas-processing-facility-to-jemena/

    LD also mentioned at the conference the option of co-processing with neighbour Shell.

    Ahhhh. The luxury of maximising CTP benefits from various development scenarios.

    Ash
    CTP Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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