CTP central petroleum limited

Disappointing progress & genuinely concerned share holder, page-6

  1. 591 Posts.
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    We all see things differently, re JV's lots of people have discussions its getting agreements that count, I dont mean to belittle JH's efforts but RC got the deals over the line. re the magic wand wish to have continued to drill surprise. I am not certain if that would or, would not have been a good idea. Given the current flow rates and the lack of seismic information we may have blown what little capital we had on another hole producing 250bpd or less. I believe RC took the more prudent, risk adverse pathway. Given our financial position at the time and given the current flow I cannot say he was wrong. I guess we will only find that out when we final redrill surprise, though given we have more seismic now we may have a slightly better chance of success.
 
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Last
5.4¢
Change
0.000(0.00%)
Mkt cap ! $40.24M
Open High Low Value Volume
5.4¢ 5.4¢ 5.2¢ $22.38K 420.5K

Buyers (Bids)

No. Vol. Price($)
1 380539 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 123906 1
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Last trade - 16.10pm 11/07/2025 (20 minute delay) ?
CTP (ASX) Chart
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