Oil up overnight on good US data ($107 for Brent oil), economy growth and higher draw down on oil reserves than forecast. Current prices are well in excess of what is required for good profits, especially with the Aussie dollar sitting in the 90s.
Here is a set of numbers copied from a thread on DLS. (Hat tip Speculator 101).
It gives a rough idea of 2P numbers for comparison and could be used to estimate where CTP will be with the drilling of Surprise East. 30 cents by the end of Jan isn't out of the question with a market cap for CTP heading towards 500mil or so.
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Last
5.3¢ |
Change
0.002(3.92%) |
Mkt cap ! $39.22M |
Open | High | Low | Value | Volume |
5.1¢ | 5.3¢ | 5.1¢ | $21.48K | 412.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 347358 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 102917 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 347358 | 0.053 |
3 | 481979 | 0.052 |
1 | 854104 | 0.051 |
2 | 110000 | 0.050 |
2 | 1020000 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 102917 | 1 |
0.060 | 193909 | 3 |
0.067 | 10000 | 1 |
0.070 | 487245 | 2 |
0.071 | 133956 | 3 |
Last trade - 15.59pm 26/06/2024 (20 minute delay) ? |
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