CTP 3.85% 5.0¢ central petroleum limited

from b1 to cbm93001...and beyond., page-8

  1. 81 Posts.
    lightbulb Created with Sketch. 22
    Its a bit early to be counting your chickens.

    Companies usually give a lot more information on their DST's besides 'evidence of permeability', this means little.

    Plus, you will almost always have 'evidence of gas' when drilling through coals.

    Look at other companies announcements when they do DST's, they are a lot more specific and detailed. This is pretty vague.

    Will wait for some real data, gas content, actual perm numbers (which can be calculated from a proper DST).

    I am a big fan of JH, and admire his tenacity. But CTP isn't there yet.

 
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