CTP STO

My impression is that as long as the 3D seismic confirms the...

  1. diggingyourselfintoahole
    314 Posts.
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    09/09/14
    14:45
    Post #: 13947185
    My impression is that as long as the 3D seismic confirms the continuity of the same gas bearing structure it doesn't matter exactly where it is. Natural fracturing is a big plus if present as it may overcome tightness issues in the reservoir. Very interested to see how long it takes Santos to come back and drill horizontals. I would be interested if psi81 or others think they will definitely wait for the seismic results before doing so.
    STO Price at posting: $14.85 Sentiment: None Disclosure: Unspecified
    CTP Price at posting: 30.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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