CTP central petroleum limited

CTP has numerous potentially valuable exploration prospects....

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    CTP has numerous potentially valuable exploration prospects. Potential drill success opens significant value new resources. Dukas, Mount Kitty, Magee, Mahler drill success would justify building pipeline direct to MOOMBA. Current east coast market access risks using NGP would be less disruptive operationally and less financially significant.

    On basis of that assessment CTP is extremely cheap take-over prospect.

    CTP itself currently has choices it could exercise now. It cold retain current producing fields in existing legal structure, become dividend paying business, and IPO exploration prospects or vice a versa.

    Dukas, Magee, Mahler, Mount Kitty drill success enables CTP to readily raise new capital continuing those fields development.

    At that time CTP would be more valuable and less cheap to buy.

    Cue Energy, N.Z. Oil and Gas, Macquarie, Troy Harry and associates, Santos, and unnamed Strategic Review interested parties are all potential actors in the situation.

    Indirect substantial USA financial interests may be brought to situation as Beetaloo Basin listed EEG redomiciles itself to USA ?
 
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(20min delay)
Last
6.0¢
Change
0.000(0.00%)
Mkt cap ! $44.71M
Open High Low Value Volume
6.0¢ 6.1¢ 6.0¢ $31.55K 521.6K

Buyers (Bids)

No. Vol. Price($)
2 203746 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.1¢ 137146 2
View Market Depth
Last trade - 15.18pm 16/06/2025 (20 minute delay) ?
CTP (ASX) Chart
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