CTP central petroleum limited
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Basically what we already knew from the AEMO data I posted...

  1. psi81
    6,449 Posts.
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    07/03/25
    10:22
    Post #: 78169915
    Basically what we already knew from the AEMO data I posted earlier but good to have official word.

    Budget for these wells was $16M each gross to drill complete connect. Good to get an idea of current costs after all this inflation of the last few years. We still don't know exactly what price they'll get for this gas under the new NT gov contract, or how much under budget they came in, but safe to say payback period looks to be 18-24 months depending on decline rate.
    CTP Price at posting: 6.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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