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Bullboard - Stock Discussion Forum Carcetti Capital Corp V.CART.H

Alternate Symbol(s):  TPNEF

Carcetti Capital Corp. is a Canada-based company. The Company is focused on seeking a new business opportunity.

TSXV:CART.H - Post Discussion

Carcetti Capital Corp > Topside oil and gas assets
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Post by nozzpack on May 24, 2022 11:29am

Topside oil and gas assets

Approximately $4.2 million US ( $5.5 million CAD  in topside assets/ equipment were temporarily written down at exit 2021 due to uncertainty associated with the conflict in the east.

At last contact a short while ago, the RK field was still producing and the topside assets were untouched.

That is, besides the 2P reserves which are in situ and presumably safe in the ground, the balance sheet assets are of the order of $18 million or so CAD...
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