From what has beed disclosed and a bit of back of the envelope i estimate that they are delivering approx 3mmcf/day...gas price today at @$US8.70 means a revenue of over $25,000 perday...
So far the shareprice of CPC has laggered because the slow but certian progress of 5+ produving wells....
at 20c not a bad punt...
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carpenter pacific resources limited
to benefit from high gas prices
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