CTP 7.55% 4.9¢ central petroleum limited

Looking Ahead to 2024, page-31

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    They shot quite a bit of seismic I think, but I have no idea how many line kilometres. The survey details are probably open file by now if somebody has the urge to look them up. Seismic is quite cheap compared to drilling, even out there - in fact in some ways it's easier out there because even though the mobilisation and logistics costs are huge, you don't have to deal with as many landowners. So I would think for the balance of $150M (after Dukas costs and desktop studies etc) they probably shot quite a lot of kilometres.

    I believe Dukas was the only well they drilled under the JV which of course they didn't complete, or even reach the primary target. They've been stalling since in a way few other companies can quite manage to pull off. At least not with such bald-faced shamelessness when telling you to your face every year that they will DEFINITELY drill NEXT year.
 
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