CTP 1.85% 5.3¢ central petroleum limited

Ann: Quarterly Activities Report & CashFlow Report, page-18

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  1. 146 Posts.
    Really psi you would do the same as ctp board are doing for these wells?

    Isn' it better to drill your best wells first e.g. Mereenie? Do you think Ooraminna and PV are the best wells?

    Isn' it better to wait to drill the best wells first? After all, if long shots PV and Ooramina don't flow commercial rates and we are out of money ....again....then what on the back of 2 potential dry holes?

    Your logic of drilling worst holes first does not compute mate. Sorry if I don' agree but I give PV and Ooraminna a low probability of success for obvious reasons.
 
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