CTP 0.00% 5.4¢ central petroleum limited

CTP use of NGP Capacity, page-28

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    Thanks for your considered response psi81. The frustration I have is the first we heard that CTP is reliant on the Mereenie lateral (or any other capacity constraint) and could not fill the available NGP capacity was on the 19 July 2018, and all communication prior to this suggested it was all systems go (although you're reference 25June2018 ann. hinted at it in retrospect).


    For the past 2-1/2 years we have been told that CTP would fill all the remaining NGP capacity; as an example the 13Mar2018 announcement attached below makes no mention of successful appraisal or drilling requirements. Without knowing the pipeline configuration requirements myself, do you have any idea if the business case for the Mereenie Lateral capital spend could be made if PV-13 finds it's target reserves?https://hotcopper.com.au/data/attachments/1275/1275719-879ed55e6fdb667af5884563f5bc0b2f.jpg

 
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