CTP central petroleum limited
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Could anyone clear up some details on spot gas prices. Firstly...

  1. diggingyourselfintoahole
    372 Posts.
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    23/02/17
    15:06
    Post #: 22848419
    Could anyone clear up some details on spot gas prices.

    Firstly is the SWQP price the relevant one to watch for CTP? I believe so based on what I can see from the pipeline linkages.

    Would also be interested if possible pipelines to Moomba or Wallumbilla (Jemena, post NGP possibly) are likely to significantly improve the price we get on transported gas.

    SWQP price appears quite healthy compared to historical figures at $15.09 VWAP. Would be interested to hear what someone with industry knowledge thinks this will get to in the next 12 months given the predicted gas shortages. Obviously this is relevant to the environment GSA negotiations might be conducted in and CTP's bottom line in the future.
    CTP Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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