CTP 3.92% 5.3¢ central petroleum limited

144 meters-well completed, page-31

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    Just some more of the technicals from CBM930001.
    Might get one or two of you excited about the gas results (that we are all waiting for of course).

    Between 977m - 1055.5m the methane C1 readings in ppm went from indicative 957 ppm units at 915 metres to 2141ppm at 917m, then 977-1101m - 10791ppm (one reading taken?) with a here at MASSIVE SEAM THICKNESS of 35m (WOW!)occured,
    next 3 metres 10618ppm then 6.5m at 9593ppm.

    Further down 1101m - 1195m the readings were great ranging from 5905ppm to many 2000-2900ppm.

    The other key gases molecules C2,C3,C4,C5,etc were all present in all these rich seams.

    And I forgot to mention that 2 DST(drill stem test which tests pressure formation) showed good evidence of permeability of the gases.

    So between 977m - 1055.5m (300m down from the top of perni) the seam was 44.5 metres THICK of super rich CBM - this hence being the region CTP would be definately try to map and correlate with CBM930004.

    BUT just keeping in mind for now each area and drillings will reveal either bigger or smaller thickness of the seam(s). I have not seen any recent seismics for our next 4 planned explorations.

    What we want to see are many of these THICK RICH seams with big ppm perhaps up to 20000 or more but for now patience RULES.
    Four more holes to come.

    Lots of time to go on a long holiday but come back and you may have missed the bus. Perhaps some bigger surprises sooner rather than later.
 
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