CTP 1.92% 5.3¢ central petroleum limited

GrangehBakken Yes the surpise discoveries in USA in North Dekota...

  1. 3,053 Posts.
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    Grangeh
    Bakken Yes the surpise discoveries in USA in North Dekota and Montana. As the fields were discovered 50 years ago there was relatively little excitement but in mid 1990's the full potential was only realised. It took them so long BUT as I said its now one of USA hottest regions for oil discoveries because almost all areas being drilled in some parts are revealing OIL mega quantities. Some estimates initially said 2-5 Billion Barrel but as it unwinds it could eventually lead into 100 of Billions. The news for huge amounts of OIL is looking good over there. There are now thousands of wells pumping and they estimate this years production will exceed 60 Million barrel.
    CTP bring it on with the first well and we are on the way to our first hundred then .......

    Exciting times ahead.
 
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