CTP central petroleum limited

Ann: Santos commences seismic programme, page-5

  1. 1,368 Posts.
    Peter, for anything to come out of these 2D (not 3D) exploration assessments, years of work needs to be undertaken befor first drill bit can be placed into ground, I hope that well befor the further years of less than inspiring drilling commitements done by this organisaion since year 2012, that the company is sold off.

    Always look at history for future forward movements, what drilling or exploration has penny dreadful done bar riding coat tails of Santos.

    I can only hope that Big Mac places a better offer for the longvevity of pain for this long term, long suffering central share holder to end.

    Central is required to raise significant amounts of funding, on review for JV commitments (drilling) only, a estimated $20 millon is required (ouchhhh) and based on past attempts for CR and the bean counter deals, I no longer want any further new lower lows and dilution.
    Last edited by colourofmoney: 30/11/16
 
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