CTP will be first to east coast market in 2019. It will have...

CTP will be first to east coast market in 2019. It will have recurring annual profits. Other companies gas deposits won't be ready to deliver to the east coast until 2022. CTP have one of the smallest fields at this stage of its development. Long term prospects exist at Amadeus and Wiso Basins. A company considering a bid for CTP has to judge the value of a small producing field, early stage exploration prospects, and complex current financial and ownership arrangements to set its price. It seems likely other larger fields to deliver first gas in 2022 may be most sort after before CTP is seriously considered for takeover ? The situation has a number of possible outcomes.