CTP 2.00% 5.1¢ central petroleum limited

Typo or not, Ravi's post was misleading.First of all, Surprise1...

  1. SRF
    1,046 Posts.
    Typo or not, Ravi's post was misleading.

    First of all, Surprise1 is NOT producing 380bbls per day nor an hour.

    It was just a FLOW TEST with a MAX flow rate over a few hour period of 380 bopd from an EXPLORATION well. No one know if it will actually flow 380bpod 24/7 for a few years or just a few days.

    It still need an Extended Production Test to confirm if it flows commercially.

    Also need to determine the resource size.

    We will know hopefully by Q3-Q4 2012.

    It the news is good aftr EPT, that's the time you will see your multi bagger.
    Until then, sit tight.


    Ps. this is feeling a bit like GDN. Just replace Wisdom with CB. :)

    GL

 
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