CTP central petroleum limited
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Best summary I've read, thanks Ravi!Reading that it really makes...

  1. psi81
    6,458 Posts.
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    19/08/10
    22:06
    Post #: 7040476
    Best summary I've read, thanks Ravi!

    Reading that it really makes me wonder why they're fooling around with another four coal wells?

    Could punch down another four conventional wells into the myriad of oil and gas targets in the Amadeus, Pedirka and other basins.

    No matter what they find in these coal wells there's no monetisation immediately available from them so what's the point of drilling them now? Seems like a waste to me.
    CTP Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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