Until recently, any discovery made in the Amadeus or Pedirka Basins was likely to remain undeveloped unless of a sufficient size to support major infrastructure development. That situation has now changed. The rail link from Alice Springs to Darwin provides a means of evacuation of even small oil volumes to market, while the oil price movements now allow even modest gas volumes (e.g. 200 bcf) to be profitably converted to high value middle distillates using existing gas to liquids (GTL) technology.
Additionally, the Company has an exploration presence in the Wiso Basin/Lander Trough and the Georgina Basin. Limited drilling in these areas has produced hydrocarbon shows, and seismic survey is planned to evaluate the play types present
The major producing fields were discovered without significant seismic and drilling locations were based mostly on geological surface mapping.
where does ctp sit?
between moomba (major oil and gas fields) & Palm valley (oil and gas fields (once australias largest producing oil field)
soo???
what is the probability of finding something special in ctp territory?
gotta be at least 1 in 5 chance of striking BIG time at 23cents , a bargain i say !!!!!
good luck to all holders :)
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Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.48M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.2¢ | $10.80K | 207.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 423034 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 60757 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 423034 | 0.052 |
3 | 512516 | 0.051 |
3 | 575000 | 0.050 |
3 | 495000 | 0.049 |
1 | 23952 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 122004 | 2 |
0.056 | 100000 | 1 |
0.058 | 232500 | 3 |
0.059 | 519508 | 2 |
0.060 | 90909 | 1 |
Last trade - 14.03pm 03/10/2024 (20 minute delay) ? |
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