CTP 1.92% 5.1¢ central petroleum limited

epa92 refused, page-12

  1. 1,987 Posts.
    supertramp,

    You won't get an argument from me on those costs. Really, they might even turn out to be the base costs given that everything goes according to plan. The mob/demob costs, as well as the huge distances and simple lack of infrastructure are all going to add up - as well as add to the risk of things going awry.

    That said, if it's not economical with $100 oil, then when will it be?

    As someone on the CTP thread once said, I get the feeling that JH doesn't want to ruin a good story by actually drilling to see if there is any oil down there.

    Cheers

    Badfish
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.