CTP 6.42% 5.1¢ central petroleum limited

CTP use of NGP Capacity, page-12

  1. 524 Posts.
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    O&G thanks for your summation of the situation, IMO its symptomatic of companies in this situation, as said above in not so many words , CTP is high risk, but clearly good management and planning , and a lot of serendipity will help us over the line. My continued comfort is that MQG did thorough due diligence before offering to buy us out last year and we are lot further along the road to production than then so yes it all could fall apart but the possibility of that taking place at this juncture seems dimminshed IMO. As it was said in the past dont panic. I expect when the gas flows more problems will arise and as the field produces at a larger rate other challenges will also manifest themselves but with good management and planning these can be dealt with in a timely manner. in my view more information from management would be helpful , but we have what we have.
 
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