CTP 8.00% 4.6¢ central petroleum limited

Sav-J,Thanks for the clarification - my confusion was perhaps...

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    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.
 
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