HZN - Horizon oil and gas - which has done extremely well in the past few years and is currently paying a dividend just paid $42m for 25% of Mereenie. NZO will also top up.
CTP owns 25% and operates this field.
Huge look through value here for CTP....
Mereenie has been a good field for CTP but certainly not the type of asset that has been widely promoted from within the company.
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CTP
central petroleum limited
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3.70%
!
5.2¢

Mereenie
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Last
5.2¢ |
Change
-0.002(3.70%) |
Mkt cap ! $38.75M |
Open | High | Low | Value | Volume |
5.3¢ | 5.4¢ | 5.2¢ | $4.275K | 81.90K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 556468 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 556468 | 0.052 |
3 | 840000 | 0.051 |
3 | 500000 | 0.050 |
1 | 100000 | 0.044 |
3 | 40418 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 10000 | 1 |
0.055 | 135000 | 1 |
0.056 | 15000 | 1 |
0.058 | 6030 | 1 |
0.059 | 326120 | 2 |
Last trade - 16.10pm 17/07/2025 (20 minute delay) ? |
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CTP (ASX) Chart |