CTP
Click for more information
1.96% 5.2¢ central petroleum limited

Ann: Mereenie WM26 Drilling Update, page-36

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
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. OilGasPlanning
    242 Posts.
    lightbulb Created with Sketch. 109
    clock Created with Sketch.
    10/07/18
    13:37
    Post #: 34252074
    Ash

    IMO Remediation liability always needs to be kept in mind.

    SOA RISC report P227

    "Decommissioning and abandonment of the Mereenie 2P & 2C resource Scope is estimated at $80M"​


    CTP market cap at time of posting $99M​

    Santos sold Mereenie for a round figure of say $100M​


    Any potential buyer would need to take this into consideration


    Regards OGP
    CTP Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.2¢ 		Change
0.001(1.96%) 		Mkt cap ! $37.74M
Open High Low Value Volume
5.1¢ 5.2¢ 5.1¢ $26.20K 512.1K

Buyers (Bids)

No. Vol. Price($)
3 325000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 54161 1
View Market Depth
Last trade - 13.57pm 28/11/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.