CTP 2.00% 5.1¢ central petroleum limited

Net debt reduction from $80m in 2017 to $2m post Range exit is a...

  1. 329 Posts.
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    Net debt reduction from $80m in 2017 to $2m post Range exit is a great achievement, even if the market cap has gone backwards. The latter bears no reflection on the operating margins reaching new highs at ~$4/GJe and increased production.

    Also great to see Dukas and Zenon remain in focus for the year ahead - add a farmout partner makes exploration a reality for these two mosters.

    GLTAH.
 
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