CTP 8.00% 5.4¢ central petroleum limited

announcement out, page-27

  1. 3,049 Posts.
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    Im a bit intrigued that most of the critics of the knowledge about 5km by 3km (Total Area = 15sq km) are making so much fuss?

    As to the facts Johnstone1 is 8 km away and had very good oil shows.

    Surprise1 now has been drilled and has excellent oil shows.

    The seismics (from the CTP site) are all showing that the two connected.

    Hay. this implies that the reservoir is obviously very large RADIUS - perhaps in excess of 10km from Surprise1 itself. TOTAL AREA Area = pr^2 = 314 SQUARE KILOMETRES.

    NOW MYSELF Im more leaning to 314 than 15 as being commercial.
    IF CTP were to be commercial here WHY would they be
    waisting effort in only 15 sqkm?

    Still amazed how many trivial minds are at play on this thread ? as to claims that are at best VAGUE data?
 
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