CTP central petroleum limited

Palm Valley does not go via the Mereenie lateral, it is one end...

  1. 6,456 Posts.
    lightbulb Created with Sketch. 2644
    Palm Valley does not go via the Mereenie lateral, it is one end of the main Amadeus-Darwin pipeline, so it won't have an impact. The Mereenie lateral joins the main A-D pipeline about 40km northwest (downstream) of PV.

    I guess the concern here is that there is a similar 'target' for Palm Valley field - they have said they plan to up the rate to 20 TJ/d from memory, to help fill the NGP ullage. So if PV-13 fails, will the PV target be downgraded like the Mereenie target appears to have been post WM-26? In both cases, the root problem appears to be well deliverability rather than plant or pipeline capacity. Capacity can be upgraded if the gas is coming from the wellheads.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.4¢
Change
0.000(0.00%)
Mkt cap ! $40.24M
Open High Low Value Volume
5.4¢ 5.4¢ 5.3¢ $31.38K 585.7K

Buyers (Bids)

No. Vol. Price($)
2 592825 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 50000 1
View Market Depth
Last trade - 15.59pm 24/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.