CTP COO says CTP are principally interested in Dukas for hydrocarbons. Dukas has to have very big recoverable volumes of hydrocarbons to be commercially viable. Helium at Dukas requires expensive on site equipment installed to treat. Without very big Hydrocarbons Helium will stay in the ground as uneconomic to produce. Mount Kitty and Magee, both about another 170 kms form Dukas, have uneconomic Helium. How can Dukas be regarded as a Helium play ?
CTP Price at posting:
13.5¢ Sentiment: None Disclosure: Held
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