CTP central petroleum limited
Add to My Watchlist 0.00% ! 5.4¢

Ann: Santos Proceeds with Stage 3 of Farmout, page-12

  1. justinmetals
    8,389 Posts.
    lightbulb Created with Sketch. 1701
    clock Created with Sketch.
    31/10/18
    21:45
    Post #: 36341543

    Hi Feral

    If STO wish to double natural gas sales by 25 then the NT is a pretty good idea. It looks like they aim at getting a chunk of that capacity from McArthur and Southern Amadeus Dukas. This could be a 1-2Tcf or (Approx 1000-2000PJ) plus a lot of He. @30% this would yield CTP 300-600PJ NG plus a lot of He. This resource added to other finds would take CTP 20 year lifecycle production above 1000PJ and on this CTP should easily be valued somewhere between $1 and $2 according to my back of envelope calculations.

    Last edited by justinmetals: 31/10/18
    CTP Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms
right-arrow Created with Sketch.
NEWS Sparc opens small-scale green H2 plant in SA, but liquidity dried up
right-arrow Created with Sketch.
NEWS High-grade monazite-rich mineral sands discovery confirmed at Minta Est
right-arrow Created with Sketch.
NUZ Significant Blood-Brain Barrier Penetration Achieved by NUZ-001
right-arrow Created with Sketch.
NEWS Pilbara Exploration Identifies High-Grade Gold and Antimony Targets
right-arrow Created with Sketch.
NEWS Uranium ignites: Is this the start of a supercycle?
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
5.4¢ 		Change
0.000(0.00%) 		Mkt cap ! $40.24M
Open High Low Value Volume
5.4¢ 5.4¢ 5.3¢ $31.38K 585.7K

Buyers (Bids)

No. Vol. Price($)
2 592825 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 50000 1
View Market Depth
Last trade - 15.59pm 24/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.