CTP 3.85% 5.0¢ central petroleum limited

@psi81 If a company is to frack a hole when does it do it.? My...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 701 Posts.
    lightbulb Created with Sketch. 40
    @psi81 If a company is to frack a hole when does it do it.?
    My initial thought was to do it at the time of drilling before the rig was removed.
    But I then wondered if that would be appropriate if the well was not going to be in production for another 12 months.
    Sorry if this is a question with an obvious answer but I know little about the process. Just thinking about the economics of bringing another rig back.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
-0.002(3.85%)
Mkt cap ! $37.74M
Open High Low Value Volume
5.2¢ 5.3¢ 5.0¢ $73.94K 1.456M

Buyers (Bids)

No. Vol. Price($)
1 1481 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 421806 1
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.