if there was even the hint of a sniff of oil CTP would be announcing it. They havn't been afraid to announce any tiny thing.
Also, I think the rig they are using is pushing its limits for depth. Will not be trivial exercise to sidetrack, and high possibility of future drilling problems.
Having said that, I am a big fan or CTP long term potential, future oil targets, helium and CBM->GTL.
But I'm not expecting any big win at Blamore.
CTP Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held
