CTP 1.92% 5.1¢ central petroleum limited

Dukas, page-4

  1. 2,299 Posts.
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    Thanks Justin.  


    This article is from May 2017.  

    20 months later, we still await a Santos JV drilling program announcement. They are the operator so it is up to them.


    We should soon see a CTP 2019 drilling program.  Oorammina has to be drilled in the near future or the license will be lost, Mereenie is begging for more as soon as the data and insights from the last well are incorporated,  


    This year, CTP has the cashflow (or borrowing capacity) to self-fund a few wells.  Probably later as it has liabilities to extinguish or grow around. 


    Meanwhile, the gas is flowing - at last!


    GLTAH


    Ash

      


 
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