CTP 0.00% 5.4¢ central petroleum limited

Ann: Market Update, page-33

  1. 24,386 Posts.
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    ""(Would you like to offer a guess as to why they backed out ?)""

    Simple mate.........two wells, one a failure and the other one with not much gas at all in it.

    Any other reasons.??

    Besides, if they were to continue on, we would have been required to contribute our fair share of costs too and we didn't have enough bottle-tops in reserve to pay for anything. A blessing in disguise perhaps.
 
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