CTP
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3.85% 5.0¢ central petroleum limited

Ash IMO Remediation liability always needs to be kept in mind....

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  1. OilGasPlanning
    242 Posts.
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    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
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    lightbulb Created with Sketch.  Great analysis
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5.0¢ 		Change
-0.002(3.85%) 		Mkt cap ! $37.74M
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