CTP 1.92% 5.1¢ central petroleum limited

savj,i think we are on the same page but we are both marketing...

  1. 5,048 Posts.
    savj,

    i think we are on the same page but we are both marketing the story differently.

    i want ctp to market their wells in the perdika as cbm wells with an oil leg.

    can you imagine what would happen to the share price of qgc, mpo, aoe, bul and the other cbm players if they intersected a 60m coal seem.

    in ctp's case, because they have marketed their blamore well as an oil target the market has so far ignored their 60m intersect.

    blamore has proved to be a raging success as far as proving the cbm potential of the perdika but the market will take the view that it is a failure if there is no oil found.

    simply, they can drill simpson, avalon, bejah, dune etc etc but sell them to the market as being cbm wells with an oil leg.

    i sound like a broken record but i can't find other words to explain what i mean.

    cheers
 
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