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7.69% 4.8¢ central petroleum limited

Any farm in to the Lander trough now will be on very cheap terms...

  1. Stockrocker
    7,057 Posts.
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    13/08/14
    10:23
    Post #: 13809444
    Any farm in to the Lander trough now will be on very cheap terms so I wouldn't pin my hopes on it. All we have is some Aeromagnetic shot by our beloved NT Gov recently and no offset wells that i can remember. It could turn out to be our best basin ever but not enough data for anyone to splash $100 mil on at this moment. Best that we could possibly do is give up 70% for some seismics to be done and maybe one well.
    CTP Price at posting: 34.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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