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3.85% 5.4¢ central petroleum limited

Ann: 11.02.03 Surprise-1 Core Results , page-7

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  1. psi81
    6,323 Posts.
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    03/02/11
    15:32
    Post #: 7836745
    Wow... Finally some great news!

    No guarantee that there is a commercial amount of oil down there of course but very promising and definitely reason enough to re-enter Surprise and finish it.

    Most of that sandstone is still extremely tight but as I've said before with JW, a metre of good perm is better than 10 metres of average perm.


    CTP Price at posting: 27.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 46  Upvote
    lightbulb Created with Sketch.  Great analysis
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