CTP 7.69% 4.8¢ central petroleum limited

Ann: Mareket Update, page-18

  1. 11,084 Posts.
    There has been no explanation concerning Surprise East, even though money was raised for drilling that well, and no answers to emails sent to CTP asking about Surprise, except to say they will not be answering any questions as all staff too busy, "all hands on deck" (d.ck), and shareholders to just watch for public announcements.
    Cannot understand how other shareholders continue to accept poor company performance .... 6.5c old money .
    I understand putting in a decent framework, but the name of the game, IMO, was to produce oil, which could be, (should have been) done at the same time as the PV/Dingo gas deals and Santos/Total JV deals.
    OIL is either available for production at Surprise, or it's not and if so, the company, Central Petroleum, should be advising shareholders what is or isn't going on.
 
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