"What we did know, there's at least 10% Helium" [Richard Cottee]
10% of Helium is a world class reserve discovery put this into perspective, you get $100mfc of Helium in the US against sub $4cmf natural gas , this places the importance of the Central petroleum Helium asset onto a pedestal.
Although cautious and very much disappointed under the magnificent seven(7) plus one(1), even someone as critical of CTP's management such as myself, primarily their communications and performance, can not scoff at this massive Helium potential.
Don't think that Santos will be wanting to get into Helium in the short term, but sure that part of the revised Mt Kitty JV deal made between Santos and CTP may place a single focus on the Helium extraction with CTP.
Looks like it is going to frac the frac out of Georgina Basin, first time I have hear an animated Richard Cottee in regards to putting his fracking discussions. This could indeed help the establishment of a mew gas province as detailed by Richard Cottee.
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