CTP 1.96% 5.0¢ central petroleum limited

new quarterly report due very soon, page-12

  1. 3,084 Posts.
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    CB,

    "Subject to receipt of final permitting clearances and other approvals, seismic acquisition is planned to commence in May/June 2012 and processing of the 3D is expected to be completed by September/October 2012"

    Must admit I didn't notice this last night. So we've gone from August to October now. When was it we were told August? Last week?

    So, October + 11 months puts us out to no drilling till September 2013....

    Anyone wonder now why CTPO isn't keeping up with the CTP share price? Because the current board have already given up on getting CTPO in the money. They did that when they RELEASED THE RIG.
 
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