santos u win, page-36

Looks a decent deal to me, its acreage we havent tested, we aren't even sure if there is oil there, Santos will prove it up if so. If oil, its oil CTP would never have found alone, purely because of a lack of funds.

Now we needn't worry about funds, seems to me CTP will potentially make 30% off oil sales they never EVER would have made.

Plus CTP retain surprise field and surrounds, use their own money for that area with certain oil.

Sounds like a decent deal to me. Remember, we weren't in a great position of power. I like a free ride.

My mind boggles that the market doesnt seem to rate this as a significant step in CTP future.

Big things for CTP in the next 24 months. IMO