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1.96% 5.2¢ central petroleum limited

Laterals to the depth ctp want will cost $15M each and Ooramina...

  1. Liladime
    146 Posts.
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    08/02/18
    18:22
    Post #: 30925090
    Laterals to the depth ctp want will cost $15M each and Ooramina $8-$10M.

    But as ctp snd Macquarie are not going to drill Mereenie we only have 2 wells to drill for a total cost of about $25M.

    Never mind what the company is telling you. They know they can only afford 2 wells ie Ooramina and PV and they will be duds for the reasons I previously stated.
    CTP Price at posting: 9.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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