CTP 6.00% 5.3¢ central petroleum limited

Ann: Quarterly Activities Report & Appendix 5B, page-5

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  1. 2,299 Posts.
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    I have observed before, once NGP is drawing gas, CTP in no longer customer constrained - the focus switches to its capacity to produce.  

    The quarterly is a little unclear on exactly how much gas is now flowing.  To be fair, we have to recognise the Q is a statement of activity 1 October to 31 December, and CTP comprehensively hit its marks. NGP operations really began 3 Jan.

    The desire of holders (including me) for evidence of big flows is understandable as this can be capitalised.

    Note today's AMEO bulletin shows CGP flows of only 13Tj. IPL's Phosphate Hill may be offline, but there are other big Mt Isa consumers drawing gas and the supply is NGP.

    https://www.aemo.com.au/Gas/Gas-Bulletin-Board

    I would like to see a statement from CTP on volumes.  The next quarter will show - around 30 April.

    Go CTP!

    Ash
 
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