CTP 0.00% 5.3¢ central petroleum limited

lab results, page-7

  1. 3,053 Posts.
    lightbulb Created with Sketch. 285
    Welcome back sav-j
    Always the excellent thought provoking input from you -thanks again!
    And great input from you too Malman recently Thanks.

    Just some interesting thought as to BG role - whom obviously once they know the size and magnitude of the CBM discoveries in CTP tenaments will be the eventual major player here.(or are there other players still waiting in the wings?) Anyways...

    An older story from april 2008 from
    http://www.ft.com/cms/s/0/3d87558e-0d6b-11dd-b90a-0000779fd2ac.html
    but it shows how the strategies on BG can/have changed when they constructed a LNG plant in Trinidad and Tabago (near USA)in 1996 to serve the US market.

    Eventually this LNG actually was being transporting to Japan and Asia (14000 nautical miles away). So great was the need there and isnt this the future target for CTP's CBM also.
    I think this need will be the most determining factor as to why the CBM from Central Petroleums tenaments will also become one of BG most important recents involvements with CTP - although as we all know these could be a few years away from commercial production but.....

    And at least it is obvious that the momentum of CTP this year should be enormous compared to last years thumble and bumble.

    Were not the early learning experiences so silly (at least according to some posters views) but DID they also not lead to the ONE BIG discovery anyway ie CBM - and this was not the number 1 priority at all for discovery - it was OIL!

    So the next few weeks could give us a greater insight as to what BG strategies will be with the CTP partnership - it should entail a really fanatstic year for CTP shareholders.
    At least CTP should be moving in TOP gear compared to last years trudge.
    Cheers guys and interesting times are coming soon!
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.