If and when CPC announce its STABILISED GAS flows from last 3 wells it will be met with very favourable pricing regieme......its at $7.70 USD and looking like another more up and this could be a big move....perhaps the delays are a blessing....
Cant help thinking that the announcement will be delayed to the New Year (tax purposes), a sudden gusher now may embarass large holders?
CPC
carpenter pacific resources limited
natural gas prices?
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