CTP 6.00% 5.3¢ central petroleum limited

announcement out, page-17

  1. 6,591 Posts.
    lightbulb Created with Sketch. 256
    It could be promsing for the surprise well that there are hydrocarbons showing at this stage, but I do have a queiry in reference to the gas shows.

    At JW1, when they hit oil, it was hypothesised by a few that the lack of shows higher up the well was because the well had a good natural seal.

    If that's the case, then the fact that there are hydrocarbons comeing out of the source formations at this stage might point towards the seal in Surprise might not being as good as at JW1.

    I understand that having a good natural seal in the well is critical towards it being marketable.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.3¢
Change
0.003(6.00%)
Mkt cap ! $39.22M
Open High Low Value Volume
5.5¢ 5.5¢ 5.3¢ $8.576K 158.3K

Buyers (Bids)

No. Vol. Price($)
1 10000 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 64939 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.