CTP central petroleum limited
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Ann: Quarterly Results Review Presentation, page-2

  1. ross6242
    115 Posts.
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    31/07/17
    11:38
    Post #: 26180304
    I liked this:

    "If the prognosis is confirmed by drilling, 377.7 PJ (when combined with the existing 125.9 PJ (i.e. 3 x 125.9)) would represent tripling of potential reserves in time to have delivery coincide with the NGP becoming operational."

    I love it when an O & G explorer talks about drilling and proving reserves. Good to see a positive plan to develop reserves, hopefully they back it up with some action and we then get the results expected.

    Cheers
    R
    CTP Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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