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Central Petroleum forms JV with EIR
Very nice deal for CTP with Energy Infrastructure and Resources taking a 25% stake in EPA 130 by funding 60% of the initial work program and paying a “reserve premium” of $10 million per trillion cubic feet of gas or oil equivalent at of 2P, 3P resves proven up...
Read story CTP is one of my hot baby elephants with a MAJOR upside.
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
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