Grangeh, raw has 71,567,150 shares on issue so at 19c mkt cap $13.6 ctp is the only current farmin partner in ep97 although they have said that they are negotiating with Great Southern Gas who want to aquire the csm potential in ep97, which would benifit from drilling for csm in ep93. Truenergy out of melbourne has farmed into one of the surat permits to look for csm, drilling a couple of holes at their cost probably in the forth quarter and spending $2.4m on sciemic. Hope this answers your question.
CTP Price at posting:
0.0¢ Sentiment: None Disclosure: Held
