CTP 0.00% 5.2¢ central petroleum limited

CB, I took "proximal to the well" to be fairly obvious as...

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    CB, I took "proximal to the well" to be fairly obvious as meaning only the area that Surprise 1 was likely to draw from.

    Surprise 2 and 3 will be spaced so that they draw down in their own areas , and any interaction between wells will be at the margins and not significantly effect the total draw of each well.

    At 8 square kilometres this could mean a total number of wells greater than 8. I'm no expert but spacings overseas all seem to be 1.5 up to 3 or 4 per aquare kilometer. Happy to be corrected here.

    A $30 million profit from each of 8 wells doesn't seem to diasterous.

    Saltbus
 
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