Hi psi81, just wondering how elastic you think those estimates of helium content are across CTP's prospects. Seems interesting that fields relatively geographically close to each other have such enormous differences (i.e. orders) in helium content. It sounds too good to be true, even though this is allegedly based on measurements from prior drilling. Can an initial off-take/flare overestimate helium content. Given that a lot of those wells were drilled quite a while ago, are these types of measurement subject to errors (e.g. sampling, technology, operator) that might produce ahem, 'non-reproducible' data? I would hope that the tech is/was fairly simple/robust so that being in the middle of a desert wouldn't affect it but...
Is this kind of phenomenon seen elsewhere in the world, where gas composition in fields near geologically and geographically are markedly different?
CTP Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
