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0.00% 5.3¢ central petroleum limited

NIckfrom the presentation material I'd say the 100mmbbls is a...

  1. Red_Duck
    59 Posts.
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    04/07/12
    17:31
    Post #: 10394413
    NIck

    from the presentation material I'd say the 100mmbbls is a P10 outcome. ie less than 10% chance of that occurring.

    I'm a little bit confused regards conix comments that horizontal wells could prove up more oil.
    Horizontal wells may recover more oil than vertical wells in a field like this - but I can't follow the logic for proving up more oil.
    CTP Price at posting: 52.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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