CTP 1.96% 5.2¢ central petroleum limited

All CTP have to do is promote the significance of Ooramina and...

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  1. 146 Posts.
    All CTP have to do is promote the significance of Ooramina and forget PV and drill LONG LATERALS into it and produce at commercial rates and BANG a new big gas field and drill drill drill.

    But another vertical hole is just plane crazy and will achieve no commercial success.

    I will be laughing when they report another 50,000 cfgd from the vertical and the industry will say why didn't they drill a lateral to maximise exposure to fracture zones and bring a large field into production???

    Oil and Gas exploration companies need a board of explorationists with production experience and not lawyers who you can hire when you need them. Kind of makes sense don' you reckon?
 
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Last
5.2¢
Change
0.001(1.96%)
Mkt cap ! $37.74M
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Last trade - 13.57pm 28/11/2024 (20 minute delay) ?
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