CTP
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5.45% 5.2¢ central petroleum limited

estimates & reserve potential, page-2

  1. Ya
    6,809 Posts.
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    08/06/09
    13:23
    Post #: 5253488
    One could extrapolate this further by using higher 'Gas Saturation' figure of 11 m3/ton, however I've left it at 10 m3/ton.

    Note that coal in each basin (Galilee, Ipswich or Bowen) has its unique properties & CTP dont have their own 'Gas Saturation' data, to build up a robust model, as their contractors had botched up the core barrels last year, hence the rational behind my using minimum GS of 3.5 & max 10m3/ton.

    cheers
    CTP Price at posting: 11.4¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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