CTP 0.00% 5.4¢ central petroleum limited

palm valley TOs, page-29

  1. 36 Posts.
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    You will of course acknowledge that at the time JH put the portfolio of prospecting areas together that world events had seen a rise in oil prices and no one would have foreseen the mess the domestic gas supply was to become. My only interest in posting this is to correct the record which also should state that oil was found, albeit at lower flowrates than SH were hoping for. I wander what the prospects of CTP might have been if the critical lack of East coast domestic gas hadn't resulted in the still ongoing construction of connecting pipelines?
 
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