Australia's largest stock trading and investment forum Australia's #1 stock forum

CTP

Click for more information

0.00%

5.4¢ central petroleum limited

So just how grossly unfair would that be to all the operators...

First 21 Last

Share
Profile

Follow
MJM23

2,433 Posts.

32

09/04/18

11:11

Post #: 32313874
Share

Originally posted by frmen1 ↑

Hi Justin. In an attempt to keep as many people happy as possible, a compromise may be an easier way out for the NTG. There's little doubt that a removal of the moratorium would benefit NT and E.coast Aust (also potential exports). However there's such strong opinions against fracking, that he may turn around and permit it only in the Beetaloo sub basin. Why? Because the report estimates that around 70% of total NT shale gas is in the sub basin. (Final report Ch 6.3, paragraph 1). I have no other specific info to back this up. The report focusses on the sub-basin as that is the only place that has recent drilling and gas-flow data, specific to the investigation, to go on; and is located in one of the areas of most concern to indigenous NT's. A case study was made on the Origin Amungee well.
I hope to hell that he opens the NT on a case-by-case assessment basis.

Expand

So just how grossly unfair would that be to all the operators outside of the Beetallo basin? They would be blowing up big time and the lawyers would be queing up to represent them to sue the Govt. Absolutely no way they can allow fracking in one part of the state and not others IMO. It has to be all or none.

CTP Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

EUR

European Lithium snaffles prospective Irish project

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 27 more messages in this thread...

First 21 Last

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

No.	Vol.	Price($)
1	55500	0.135
9	1167237	0.130
8	593133	0.125
19	902443	0.120
1	86000	0.115

Price($)	Vol.	No.
0.140	787079	9
0.145	1062465	10
0.150	344400	6
0.160	125481	8
0.165	497623	5

Last trade - 16.10pm 22/11/2024 (20 minute delay)

CTP (ASX) Chart

SPONSORED BY