CTP central petroleum limited
Add to My Watchlist 1.72% ! 5.9¢

News: CTP Central Petroleum Updates On Palm Valley Field Reserves

  1. Hot News
    193,698 Posts.
    lightbulb Created with Sketch. 2825
    clock Created with Sketch.
    12/06/19
    10:20
    Post #: 39014377

    June 12 (Reuters) - Central Petroleum Ltd (CTP) :

    • ADJUSTMENT TO PALM VALLEY RESERVES RESULTS IN 8.4% REDUCTION IN CENTRAL'S TOTAL 2P GAS RESERVES AS AT 30 JUNE 2018 TO 154.5 PJS
    • INTENDS TO INVESTIGATE OPTIONS TO CONVERT 2C INTO 2P; REVIEW ADDITIONAL PALM VALLEY DRILLING OPPORTUNITIES
    • PALM VALLEY FIELD EXPECTED TO DECLINE FROM AROUND 12.5 TJ/D TO AROUND 5 -7 TJ/D AFTER TWO-YEARS, AND THEN SLOWLY DECLINE THEREAFTER
    • ADJUSTMENT TO PALM VALLEY RESERVES WILL NOT IMPACT ON CENTRAL'S ABILITY TO MEET CURRENT FIRM SALES OBLIGATIONS
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS High-grade monazite-rich mineral sands discovery confirmed at Minta Est
right-arrow Created with Sketch.
DAL Maiden work program to commence for Blue Lagoon Zirconium, Niobium and Rare Earth Project in Greenland
right-arrow Created with Sketch.
NEWS Infill Drilling at La Negra Returns High-Grade Silver with Standout 28m at 507gpt
right-arrow Created with Sketch.
NUZ Significant Blood-Brain Barrier Penetration Achieved by NUZ-001
right-arrow Created with Sketch.
NEWS Pilbara Exploration Identifies High-Grade Gold and Antimony Targets
right-arrow Created with Sketch.
NEWS Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
5.9¢ 		Change
0.001(1.72%) 		Mkt cap ! $43.97M
Open High Low Value Volume
5.9¢ 5.9¢ 5.7¢ $4.364K 74.41K

Buyers (Bids)

No. Vol. Price($)
2 564138 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 172675 2
View Market Depth
Last trade - 15.15pm 20/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.