CTP central petroleum limited

Ann: Quarterly Activities Report & Appendix 5B, page-2

  1. 740 Posts.
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    The Good - debt continuing to be paid down. Sales volumes and Revenue both up. Positive drilling results this year and another well currently being drilled. Future gas prices expected to rise further: "Central’s average portfolio gas price from 2025 is expected to step-up from the $8.01 / GJe realised in the December 2024 quarter".

    The Bad - while above is good, no updates on Dukas or other large plays. Not exactly setting the world on fire.

    The Ugly - Just like the Hydrogen dream, the "Mereenie HRU project has been suspended following a softening in the global helium market as new supply from two major helium producers entered the market".

    But all in all good, lets see if we might make 7c this week... (a depressingly sad target)

 
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