ooraminna 2 calm before the storm, page-14

15c mate and expires March 2014. plenty of time with the upcoming 3 drills and the coal developments.

success at either of the 3 drills (O-2, Johnstone-1, or magee 2) will see that and more.

have a look at page 9 of the "Proactive investors seminar may 2010"

O2 - $0.49
Johnstone -$ 0.80
magee - $0.20 + $0.21

these figures are from the coy and are not a forecast of CTP's sp, but it goes to show how big impact these tgts are if proved commercial.

looking forward to O2's results soon.


then it's going to be Johnstone spudding - i guess alot here or on the sideline will be keen on J1 for its onshore and targeting 500Mbbl!