international exposure for ctp, page-5

Wingmann
Great link! Thanks.. All interested should read it!
I particularly liked the following which though past history reminds us just what CTP must be worth!!

One of our junior farm-in partners, Petroleum Exploration Australia (ASX:PXA), ran out of money and they sold themselves to a company called QGC, the Queensland Gas Company (ASX:QGC) (one of Australias major calcine gas explorers and producers) for about $20 million, Heugh recalls.

This immediately signalled a benchmark price on just what Central Petroleum must be worthfor QGC to spend this sum on the farm-in and earn the 20 per cent interest in the acreage."

Compare this past valuation with what CTP must now be really worth!