CTP 1.92% 5.1¢ central petroleum limited

QLD gas acreage, page-9

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    Holders,


    I sought to make a cute point above about CTP being more deserving of a juicy permit than Shell/Santos as they are both gas producers and chillers and operate vertically integrated businesses. They will seek to capture and maximise benefits by managing more points in the chain - you would, I would. Their actions differ from a producer-only firm.


    While we have been pouring Bollinger down our throats over Christmas, CTP will have been ramping up output to NGP. We will know in a few short weeks whether the announced schedule has been met.  This moment has been a long time coming.

    Meanwhile, gas tragics may enjoy this time lapse video of constructing the Phillip Creek compressor station.

    https://www.gastoday.com.au/2018/12/19/watch-time-lapse-of-phillip-creek-compressor-station-construction/


    Ash

 
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