plugged and abandoned , page-18

Greetings all.

Waiting game atm...not much to say.

Grange from memory Malman rings a bell regarding the placement. Not sure about that though. Thanks for posting some interesting reading during recess:)

Antboy,
Here's some info from the last CTP Annual Report.

"Petroleum Exploration Australia Limited (“PXA”):
PXA continues to fund its 40% share of the previously announced 2008 exploration programme in
accordance with the terms of a formal farmout agreement executed on 15 February 2008. The terms
of the farmout agreement include the funding by PXA of 40% of up to 3 wells and 40% of up to $3
million of seismic for PXA to earn a 20% interest in the permits and permit applications operated by
the Company."

I would expect that any contracts are between the companies not the owners so nothing should change.

If QGC were to get involved as a company in a deal with CTP I'm sure we could come to some agreement to fast-track our gas potential:)

All the best.