CTP 5.45% 5.2¢ central petroleum limited

exciting times ahead, page-72

  1. 3,032 Posts.
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    Rathmore
    Patience, patience we are almost there.
    If Poolawanna (part of CTP present drilling targets) had somthing before it could / must have lots more.
    Keeping in mind the few old drillings were in the large unexplored areas expanses were about 30 years ago with poor techniques of pinpointing.One chance in 10 in those days even with the availabe technology- todays techniques are usually 1 in 4 and CTP data looks nice.

    It was a good start the indicator that of the OIL discovery in Poolawanna. Now 30 years on a new chapter begins.
    We know its there. The hardest part will be finding it.
    Next week could be a good start.
    Isnt the hardest thing always the first. Climb Mt Everset, Go to the Moon.....Drill and discover oil or CBM
    or drill a dud and start again with 6 more to go. Exciting times ahead.
    Cheers
 
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