CTP 1.85% 5.5¢ central petroleum limited

A big works program for CTP! RC and the team are itching to get...

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  1. 2,299 Posts.
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    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
 
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5.5¢
Change
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Mkt cap ! $37.74M
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5.5¢ 5.5¢ 5.5¢ $5.5K 100K

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Last trade - 10.55am 25/11/2024 (20 minute delay) ?
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