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6.42% 5.1¢ central petroleum limited

Sorry, forgot to add that the signifigance of "live oil" is that...

  1. Badfish
    1,987 Posts.
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    16/09/10
    12:33
    Post #: 7205677
    Sorry, forgot to add that the signifigance of "live oil" is that it means the pressure at depth is sufficient to keep the gases dissolved within the oil.

    This points to good downhole pressure and increases the likelihood of natural flows.

    Cheers

    Badfish
    CTP Price at posting: 57.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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