CTP 0.00% 5.3¢ central petroleum limited

Its an extended production test, I wouldn't expect any...

  1. 59 Posts.
    Its an extended production test, I wouldn't expect any information for a few weeks from commencement. Depending on the testing strategy it may be a multi-rate flow test in which they flow the well at pre determined rates for several days/weeks. I'd imagine they would start off at relatively low rates - nothing that would excite or be meaningful to the market.
    Trucking rates in WA are about $6 per Bbl from Dongara area to Kwinana refinery (450Km). Not sure where the oil from EPT is going - possibly Whyalla to the Santos facility. In which case trucking costs could be well over $20/bbl.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.3¢
Change
0.000(0.00%)
Mkt cap ! $39.22M
Open High Low Value Volume
5.3¢ 5.4¢ 5.3¢ $52.12K 978.8K

Buyers (Bids)

No. Vol. Price($)
1 454057 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 46397 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.