CTP 0.00% 5.4¢ central petroleum limited

Ann: Palm Valley PV13 Drilling Update, page-13

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. 242 Posts.
    lightbulb Created with Sketch. 109
    Spot on psi...


    The facility can't take it and the NGP is full at 44 TJ from Mereenie & 15 TJ/d from Palm Valley.


    Although the GAP result is pretty disappointing at least if , say 10TJ flow is sustainable it will add to the 2P reserves at Palm Valley to even it up a bit to match the 44 TJ/d life at Mereenie.

    We need extended flow tests before we can be sure of long term flows but heres hoping.


    Apparently at the recent AFR conference one of the speakers indicated that Beetaloo was a 10-15 year prospect.

    This is a bit of a concern as it may tend to delay an upgrade of NGP1.

    Regards and thanks

    OGP
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.4¢
Change
0.000(0.00%)
Mkt cap ! $37.74M
Open High Low Value Volume
5.5¢ 5.5¢ 5.4¢ $114.6K 2.083M

Buyers (Bids)

No. Vol. Price($)
5 427045 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 160543 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.