This is what CTP said on the 19/11/12
"Seismic
The 3D seismic has been processed with the interpretation having provided sufficient data to begin the construction of the reservoir model. Once constructed and audited,
the reservoir model together with an approved and costed development plan should result in such reserves being certified by an independent consultant and released to
the market early in the first quarter of 2013."
I think it is now time for CTP to let us know one way or the other, I work in the oil & gas industry and I personally know how long it takes for this to be finalised.
It is all done by software, so depending on how much grunt they have behind the modelling computer, it should already be complete.
They have had plenty of time and if we are not told shortly, it is a breach of keeping shareholders and the market up to date! And insiders (or their buddies) get to purchase/sell in anticipation of the news being released...
Let's hope next week is when we hear the good news!
:-)
DamianWRX
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- reserves certified & released early q1 2013
This is what CTP said on the 19/11/12"SeismicThe 3D seismic has...
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