what an opportunity - an npv of 50c per well, page-43

Sav-J,

Thanks for the clarification - my confusion was perhaps because I only just started actively following CTP and in my research, found two different statements in two different announcements, neither of which addressed primary and secondary targets.

As far as I could see, nowhere in the reports recently released (including the latest investor presentation) does the company mention that the coring of the HVS was a secondary target. On the contrary, it mentions coring the HVS without mentioning targeting the Pacoota, implying this is a primary target.

It is also misleading to say this is like Mereenie because, if the target is a fractured reservoir this would be more akin to Palm Valley. Mereenie's porosity is primary, PV's is a fracture system. But PV does not produce oil.

So I think my confusion is quite understandable without resorting to sniping at my credentials, thank you.