CTP 1.85% 5.3¢ central petroleum limited

o-2, page-22

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    lightbulb Created with Sketch. 5
    "'In excess' is pretty ambiguous."

    I don't think it's ambiguous at all. It means only one thing - the amount was over 100 MCFGD. It might not be too meaningful to you, but imagine if they said it was 105 and then a little later/deeper it was 110.

    So 5M into the formation and we have this flow. I guess that means that the seal was in place too. Anyone care to guess what the chance of O-2 now being a commercially viable well is? I'm guessing this now means it's gone up from 50%.

    Thanks,

    Karl
 
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