CTP central petroleum limited

Quarterly report imminent, page-9

  1. 24,386 Posts.
    lightbulb Created with Sketch. 176
    ##""Unfortunately with net interest costs still around $1.5M per quarter that's still not enough to turn a net profit, which shows the importance of getting new gas revenue.""##

    Agree with you and it is a very good point. But, correct me if I am wrong here, to get new gas revenues, shouldn't we start doing some drillings to discover new gas fields or at least engaging the services of some workover rigs and doing some work in our old well to see if we can increase their production.??

    No use signing on the dotted line of some GSA if we haven't got the gas to supply in the first place, or to keep on supplying it.

    To date, none of this has been released/announced to the market. So we are still in Limbo.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.5¢
Change
0.000(0.00%)
Mkt cap ! $40.98M
Open High Low Value Volume
5.4¢ 5.5¢ 5.3¢ $2.456K 45.65K

Buyers (Bids)

No. Vol. Price($)
2 275393 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 127247 1
View Market Depth
Last trade - 15.58pm 25/07/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.