Morning all,
Just found this on the CTP thread which was referenced from the AFR this morning...
"Elsewhere, Central Petroleum is on the verge of its first farm-out deal under new CEO Richard Cottee. The deal is thought to be priced at $12 to $15 per acre of shale gas exploration territory, well above Central's trading price of about $2 per acre.
Santos is believed to be a top candidate although internationals such as Statoil and Hess were also among those in the data room." - Posted by STOOPS (#8593689)
How many acres do we have in 413 and how does this price compare (oil excluded as it is a bonus) to what we expect??
TY
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- ctp jv valued at $12-$15 per acre
ctp jv valued at $12-$15 per acre
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