CTP central petroleum limited
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News: CTP Central Petroleum Posts Qtrly Sales Volumes Of 3.7 PJE

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    30/01/20
    23:05
    Post #: 42657382

    Jan 30 (Reuters) - Central Petroleum Ltd (CTP) :

    • QTRLY SALES VOLUMES 3.7 PJE, UP FROM 3.5 PJE IN SEPT QUARTER
    • QTRLY SALES REVENUE OF $18.5 MILLION, UP 7.5% FROM SEPTEMBER QUARTER
    • CY2020 EXPLORATION PROGRAM ESTIMATED TO COST CIRCA $50 MILLION, PROSPECTIVE RESOURCE OF UP TO 321 PJ OF GAS AND 24 MMBBL OF OIL
    • EXPLORATION PROGRAMME FOR CY2020 & RANGE GAS FID ENABLES AIMING TO TRIPLE GAS RESOURCES, SALES BY 2022
    • TO POTENTIALLY LAUNCH MAJOR NEW OIL PRODUCTION PROVINCE IN WESTERN PERMITS
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