CTP
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0.00% 5.4¢ central petroleum limited

Ann: Reserves Update, page-3

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  1. Jarveg
    518 Posts.
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    13/11/18
    09:00
    Post #: 36479741
    Nice news for a dreary Tuesday...

    "Total Company oil and gas reserves and contingent resources have increased substantially. Proven (1P) gas reserves have increased 65% to 134PJ, Proven and Probable (2P) gas reserves have increased 37% to 169PJ, and Proven and Probable (3P) gas reserves are 205PJ.

    Proven oil reserves have also increased, with 1P up 109% to 0.78 million barrels, 2P up 154% to 0.97 million barrels, and the 3P is 1.15 million barrels."
    CTP Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 15  Upvote
    lightbulb Created with Sketch.  Great analysis
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