A big works program for CTP!
RC and the team are itching to get started after all those years in the wilderness.
Central Australia is a hot, difficult and expensive place to operate in. $12m to upgrade Mereenie won't look like much. Lucky the 3 separators came from Santos.
I wonder how expensive it would be to increase PV output to 20TJ/d. The word 'refurbishment' could mean anything from oiling the kit to a complete rebuild.
Having three producing gas fields gives off-take options, even if the fields are of different sizes and output. I am quietly confident CTP will consistently fill its NGP allocation as soon as Jemina turns the tap - allegedly 1 December and likely sooner.
Ash
Ann: Latest Company Presentation, page-3
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