CTP central petroleum limited

Jemena and CTP Deal, page-8

  1. 8,410 Posts.
    lightbulb Created with Sketch. 1718
    Read my posts GOO. Unlike some, I try and talk sense.... Mereenie is NOT GOOD FOR NGP WITHOUT ETHANE REMOVAL. Anyone, considering taking over/injecting more capital to CTP knows this.

    To reach NGP spec would require expensive processing plant big enough for 20PJ/yr to remove the high percentage ethane.

    FACT - The only gas in CTPs portfolio that is NGP SPEC is PV and Dingo. A friend of mine who works for Jemena said mereenie gas is too dirty for NGP and the gas will come from other sources. Like blacktip. These NGP gas specs are readily available on the net.

    Cottee himself in the Skype said he would 'love' to be able to afford an NGL separation and processing plant but said he still hopes to achieve NGP spec (yes, like I said in my other post to you) I believe he means by blending SOME oily mereenie gas with mostly PV and DINGO.

    Youre a long way from reality GoO
    Last edited by justinmetals: 19/03/17
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.4¢
Change
0.000(0.00%)
Mkt cap ! $40.24M
Open High Low Value Volume
5.4¢ 5.4¢ 5.2¢ $22.38K 420.5K

Buyers (Bids)

No. Vol. Price($)
1 380539 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 123906 1
View Market Depth
Last trade - 16.10pm 11/07/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.