round and round again

Seems as though this topic has been regugitated 10 times over and yay we have doubter constantly talking up all other possibilities.

The last annoucement said it all I think but as has been reminded by a few that actually only a FEW READ announcements comprehensively. The rest seem to put lots of other unrelated outcomes and well we know what we get.

Snippet from from the "proactiveinvestors" site......

"Central Petroleum to commence Broadacre coal seam gas programme

Central Petroleum Ltd (ASX: CTP) submitted a Minimum Exploration and Appraisal Programme and Budget on October 22 to the Petroleum Exploration Australia Broadacre JOA participants which provides for work and expenditure towards compliance with the Minimum Work Obligations of the Broadacre permits.

The shares kicked 17.9%, to 16.5 cents on the news.

Under the JOA, the Minimum EAPB is now regarded as being unanimously approved by the operating committee.

Accordingly the company, as operator, is required to implement the programme, and proposes to commence doing so immediately by signing contracts with Wallis Drilling Pty Ltd for a five well fully-cored coal seam gas programme and with Terrex Seismic for a 1,380 line km seismic acquisition programme.

Some of the seismic programme -- involving some 400 line km -- is outside of the PXA Broadacre Joint Venture, and has been approved by Trident Energy Limited, He Nuclear Limited, and the operator.

Apart from Ooraminna 2, the seismic programme is considered to be necessary to fine tune well locations for a number of both conventional and coal seam gas wells proposed to be drilled in 2010.

The line clearing crew for seismic is expected to mobilised by mid November 2009 and the drilling rig for the X5 CSG wells by late November 2009.

'THE LINE CLEARING CREW FOR SEISMIC IS EXPECTED TO BE MOBILISED BY MID NOVEMBER 2009 AND THE DRILLING RIG FOR THE 5 CSG WELLS BY LATE NOVEMBER 2009.
(This says that drilling could start as late as end of November or 1st weeks in December.)

The company looks forward to expediting a productive exploration programme drawing upon the well established technical qualifications and experience of its various Joint Venture participants and looks forward to welcoming Red Sky Energy (NT) Pty Ltd into the Broadacre Joint Venture at the earliest opportunity, said Central Petroleum managing director John Heugh.

Central will be using all reasonable endeavours and acting in good faith to resolve a dispute in connection with PXA not executing the deeds of assumption in relation to the farm-in by Red Sky Energy, Mr Heugh said.

Perhaps also any announcement this week could drop a hint of the work for a second drill but lets not hold our breadths!

As we know the turnover of stock has also dropped to the lowest for weeks as CTP players just mark time for the next happenings. So what could JH annouce this week(end)?