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3.92% 5.3¢ central petroleum limited

Ann: Palm Valley 12 Drilling Update, page-7

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  1. psi81
    6,321 Posts.
    lightbulb Created with Sketch. 2514
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    15/06/22
    21:16
    Post #: 62022859
    If they are able to get the cement job right so that the casing shoe passes a leak-off test then they can drill ahead safely and should have no more major issues - assuming, of course, the P3 reservoir isn't in the same depleted situation as the P1. If it is, this could very well all happen again almost immediately.

    CTP Price at posting: 11.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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