CTP central petroleum limited
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No real news update...Only good point to note are gas sales...

  1. numeraire
    445 Posts.
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    02/07/25
    11:03
    Post #: 79653084
    No real news update...

    Only good point to note are gas sales tracking to expectations at ~$50m pa ($37m 23/24), which should see underlying EBITDAX increase to ~$25m pa ($14m 23/24). Whilst modest, these numbers increase to ~$75m pa and ~$50m pa if they can lift Mereenie and Palm Valley to nameplate production with the additional drilling planned over the next 12 months.



    CTP Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.001(1.89%) 		Mkt cap ! $40.24M
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