CTP central petroleum limited
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Not bad, but could have been better at Range. Looks like they...

  1. psi81
    6,452 Posts.
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    28/07/23
    09:51
    Post #: 69031030
    Not bad, but could have been better at Range. Looks like they shut one of the wells in during the quarter which when the wells aren't properly shielded means you lose ground in dewatering - another consequence of this poor pilot setup. Recovered by end of Q and now averaging 100 Mscfd which is a new record.

    I'm convinced it's an asset that has value for someone with pockets deep enough to do it properly.
    CTP Price at posting: 6.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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5.6¢ 		Change
-0.001(1.75%) 		Mkt cap ! $41.73M
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5.7¢ 5.7¢ 5.6¢ $4.731K 83.01K

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5.8¢ 50000 1
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Last trade - 15.57pm 18/06/2025 (20 minute delay) ?
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