CTP STO

What he, (the company), didn't tell you, that there was a report...

  1. ravishankaray
    11,084 Posts.
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    09/09/14
    20:03
    Post #: 13949168
    What he, (the company), didn't tell you, that there was a report from Sept. 2013, stating that Surprise needed a pump to maintain flow, .... "Surprise Field Development Project Field Environment Management Plan Summary"


    ("4.1. STAGE 1: SURPRISE WEST PRODUCTION 4.1.1. Conduct workover of Surprise 1 RE/HST 1 to install hydraulic pump.
    The Extended Production Test conducted by CTP in 2012 indicated the well requires artificial lift to maintain flow. An environmental plan for a workover to install the pump was submitted to and approved by the DME under the Exploration Permit EP115. The workover is currently in progress".)

    http://www.nt.gov.au/d/Minerals_Ene...ralPetroleum_EnvironmentalManagementPlans.pdf

    And "market update" is just a repeat of same announcement from a few days ago.
    STO Price at posting: $14.83 Sentiment: None Disclosure: Not Held
    CTP Price at posting: 29.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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