CTP 0.00% 5.4¢ central petroleum limited

surprise 3d seismic: correct decision - cottee, page-2

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    Superhard

    Much appreciate you having a say as to what was said.

    The BRR WAS VERY HARD TO UNDERSTAND [Sound]

    What you say in regards to seismic is about the only bit i could pick up

    The part where he was refering to 300 mtr's above horn valley shales are you able to add a bit more light on that sentence plz

    If he [RC] IS SAYING RE-ALIGN must mean that the well is still good to go where is [sitting on a reasonable spot to work from ]

    And that he would like to do one or two more wells around Surprise area

    And when he was doing other deals Santos/ Total he didn't want to disclose how good Surprise was going to be from what is being analyised from 17.40 onwards

    Proposed developement results 3d ept by end of month to put to board

    Full picture of cost and structure to proceed with Surprise by the end of First Quarter

    There was a remark about wanting to get going ASAP on Surprise
    16.30 onwards cash burn last Quarter but there will be a lot of cash RE-Embursement
    .
    Surprise Jewel in the crown.

    Wiso Basin very very exciting under Application minimal cost


    Stage one 1000 klm's seismic 6 core holes

    CTP To control timing.

    First twelve months 48 mill by Total
 
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