CTP
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1.89% 5.4¢ central petroleum limited

"A second hole drilled approx 1 to 150 m from the existing well...

  1. GOD1
    134 Posts.
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    30/01/12
    15:27
    Post #: 9615328
    "A second hole drilled approx 1 to 150 m from the existing well and with a 500 m horizontal towards the current well , will almost promise an Oil find."

    Yep; and CTP should then use the greater cash flow from the second well to finance the 3D seismic.
    CTP Price at posting: 30.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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