CTP central petroleum limited
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In the best case scenario that these wells are all that are...

  1. psi81
    6,452 Posts.
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    24/08/21
    14:23
    Post #: 55530224
    In the best case scenario that these wells are all that are required they need to:

    1. Run the 5 wells for 6 months
    2. Develop a full field model from the pilot data and get 2P reserves
    3. Field development plan and take FID
    4. Plan a major drilling campaign and execute it
    5. Build whatever gas infrastructure they need to prcoess and get it to market

    Realistically 2024 is pushing it now. I did previously say 2025 at the earliest. Even then it's going to take at least 12 months to ramp up to 30TJ/d. Senex were able to get first gas from Atlas in 2 years but only barely and they didn't need to pilot it first.
    CTP Price at posting: 10.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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