What a week, what an ending to the week. From all corners (and...

What a week, what an ending to the week. From all corners (and the middle) of Australia spreading internationally to Houston Texas and our friends in Europe the acronym CTP is both growing in stature and beginning to be taken seriously by the business and oil and gas fraternities.

The above paragraph can well be substantiated with the increasing numbers of publications being published on CTP throughout the international arenas. All news read to date oozes positive sentiments and reporting?s about CTP?s present and future potentials.

So why now is our company being taken seriously and why now is JH and his team of men and women cranking up the thumb screws for venturing into becoming a viable producer of hydrocarbon products?

Let?s take the following words that have been used this week in reputable articles and CTP ASX announcements:
? Commercialised.
? Century Rig 7
? Ooraminna 2.
? Confidence.
? Significant.
? Discovery.
? Magee 2

We can arguably debate as to whether the latest significant coal discovery measured at 130m with seams at more than 1m thick is the step up for CTP, after all CTP may have the opportunity to commercialised as fuel either as coal-seam-gas (CSG) and gas-to-liquids or underground-coal-gasification (UCG) with the ability to value-add as liquids, Methane another highly probable hydrocarbon and commercialised product.

Apart from jumping hoops with our drilling program results to date, we now also get excited about phase 2 and the potential that it may hold for Australia?s economy, CTP and CTP?s investors.

Friday gone we received clear indication that t Century Rig 7 had been secured, no any rig this unit will allow CTP to expedite the drilling campaign due to the rigs ability to imply the hammer drilling process, and the rig is also undergoing maintenance in preparation for CTP?s drilling campaign.

But what excites me the most is the long awaited anticipation of finally tackling Phase 2 primarily, Ooraminna 2 in EP 82 and Johnstone 1 or substitute within EP 115 (and possible other wells including Magee 2 (EP 82).
So my fellow CTP investors what does phase 2 mean, let?s break it down:
? High potential of monetization of Helium (low risk)
? High potential of monetization gas (low risk).
? Good prospects of black oil discoveries.

If the prospects as listed above does not generate excitement CTP is the wrong bet for you and would suggest that an alternative stock be sourced. I think now with the positive tones being communicated by JH, the doubts CTP will become a producer of hydrrocarbons becomes less each commnon month and the realisation that CTP will soon be born into a commercially viable organisation is all to real.

eading between the lines gives the best indication of things to come, in my book CTP are on trck in achieving exactly what they have set out to done nd more. Keep up the good work JH and team.