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10.0% 5.5¢ central petroleum limited

Ann: March 2019 Quarterly Review, page-2

  1. Ashentegra
    5,490 Posts.
    lightbulb Created with Sketch. 1357
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    14/05/19
    10:06
    Post #: 38550449
    Good prices and margin for gas. Still borrowing gas from Macquarie to meet commitments - which would not come cheap.

    Energetic debt repayment and modest immediate capex will transform the balance sheet this year. PV 13 tie in will improve this further.

    Fizz from Dukas and Range. Sceptical on Surprise.

    Leon & team doing a good job. They will be itching to drill Mereenie more and work over PV.

    Ash
    CTP Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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