CTP central petroleum limited
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Given the upgrade to the 2C I would expect it to be around a 50...

  1. psi81
    6,452 Posts.
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    21/08/19
    21:11
    Post #: 40084103


    Given the upgrade to the 2C I would expect it to be around a 50 TJ/d plant which is 18 PJ/year. Under the original estimates it would probably have been a 30 TJ/d plant.


    But it will only plateau for a few years and then there will be a long tail.


    Profit will depend on gas price and what arrangement is made for processing the gas and water (build vs tolling agreement with nearby majors). If the NPV is anywhere in the range of 50c to $1/GJ that would be a good result.

    Last edited by psi81: 21/08/19
    CTP Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
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