CTP 3.77% 5.1¢ central petroleum limited

Attack on the NGP, page-23

  1. 1,726 Posts.
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    I'm not sure why it is that politicians world wide become so vexed about frac'ing and make such a mess of regulating it .

    Perhaps it's because they are naturally talkers rather than doers ?

    For a start , if independent third party inspections are considered necessary , they should be done for all wells , whether frac'ing is anticipated or not .

    This is not just because it may be decided to frac a conventional reservoir to get around skin damage or because the reservoir is tighter than expected but because the similarities between a frac'd and unfrac'd well outweigh the differences .

    Shale gas/tight sandstone gas/tight oil is at the exploration phase in Australia , not production .

    Regulators must try to avoid slowing down exploration - or preventing it as NT Labor did with EEG and AJQ .

    PS : Just look at the market caps of CTP , Buru , Empire , Real . Investors are avoiding Australian onshore .
    Last edited by striebs: 28/05/16
 
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