CTP central petroleum limited

Thanks for your comment above TopSahara,Interesting to note,...

  1. 32 Posts.
    Thanks for your comment above TopSahara,
    Interesting to note, that Echelon have stated that with hopefully the second development well also being successful, "There will be decades of production left". All I read out of what has been done, is the field is very compartmentalized and faulted throughout, so drilling extra infill wells should keep production to the level they want for sometime. Just remember, the Stairway interval in the WM29 was also cased, meaning that they can go in there anytime to test it, so there is that particular interval to produce from as well. I have seen from a number of people on Hotcopper, that have suggested what you have said above. Has the field depleted that much over time?? Yes, down the line further it very may well get to the uneconomic side of things, but it is still producing ok at present. Echelon will have done their homework on this licence area and so far it's paying off, you know it does own 50% and I wonder why?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
6.0¢
Change
0.000(0.00%)
Mkt cap ! $44.71M
Open High Low Value Volume
6.0¢ 6.1¢ 6.0¢ $31.55K 521.6K

Buyers (Bids)

No. Vol. Price($)
2 203746 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.1¢ 137146 2
View Market Depth
Last trade - 15.18pm 16/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.