CTP central petroleum limited

Ann: Mereenie Drilling Update, page-7

  1. 6,461 Posts.
    lightbulb Created with Sketch. 2647
    Yes it should be possible. Whether it's worth it depends on the reservoir and what the unstimulated well produces.

    Plenty of sandstone wells are fracced including basically every Cooper Basin well. The uplift in production they get depends on many things, including sandstone composition (silica vs clay content), the stress field, frac size etc. I've known some where the uplift is negligible and others where the post-frac rate has been 10x the pre-frac rate.
 
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
5.5¢
Change
0.000(0.00%)
Mkt cap ! $40.98M
Open High Low Value Volume
5.4¢ 5.5¢ 5.3¢ $2.456K 45.65K

Buyers (Bids)

No. Vol. Price($)
2 275393 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 127247 1
View Market Depth
Last trade - 15.58pm 25/07/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.