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6.00% 5.3¢ central petroleum limited

how accurate is figure 1, page-24

  1. psi81
    6,310 Posts.
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    14/02/13
    17:31
    Post #: 11421757
    I don't personally think the 1P will reach 2 MMbbls in this estimate.

    But I think the 2P probably will, and could easily exceed it, depending on what the decline rate observed on this EPT is. That's something we really can't know without seeing the data (and even then, I'd want a reservoir engineer to interpret it for me!).
    CTP Price at posting: 70.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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