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5.77% 4.9¢ central petroleum limited

fracture stimulation of the mereenie field, page-9

  1. rayz
    7,921 Posts.
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    08/11/13
    22:27
    Post #: 12547209


    As for Santos 8 well drill then follow by horizontal fraccing which should be started by Jan 2014 looks like behind schedule

    Only the top holes have been done 44/45 east mereenie 19/20/21/22/23/24/ west mereenie so far.

    Looks like waiting on main rigg to complete wells .

    I believe they are connecting pipe line s at the moment and getting infrastucture completed site camps update etc.

    When alls that done hopefully look more promising for CTP DOLLAR PER ACRE TO THE 100
    CTP Price at posting: 41.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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