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4.17% 5.0¢ central petroleum limited

I just listened to the last...

  1. francoo
    1,545 Posts.
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    24/05/08
    13:14
    Post #: 3761039
    I just listened to the last BoardRoomRadio....

    www.brr.com.au/event/45658/

    They say that they would be able to move into production within 6months of any commercial discovery.

    Also that freight charges charges of $8 per barrel for baymore or simpson.... and guessimates if production rates are like those in the cooper basin (geologically very similar) which would yeild 500-3000barrels a day then all up cost would be in the order of 20-25USD/barrel.

    Current oil price over 131USD/barrel.
    CTP Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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