CTP 1.92% 5.3¢ central petroleum limited

if they only had a rig, page-15

  1. 3,084 Posts.
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    I would love to feel that CTP was in a position to be able to afford to buy a rig, but I don't believe this is the case.

    Ignoring the cost of the rig itself (it would be a capital investment, so it has ongoing value), the cost of a team to perform such drilling, and the components used, would be far too high to maintain. I wish it were otherwise.

 
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