hello simpson, page-7

Very cheap. More discoveries, more value.

Also remember the mystery negotiator regarding Blamore or more.


Central Petroleum Limited (CTP) has reached agreement with a third party with interests in the energy sector for the entity to fund the costs of the recently completed drill stem test programme at the Blamore 1 well. Final costs of the drill stem test programme at Blamore are yet to be determined but will be in the order of $600,000. In consideration of the funding, CTP will grant to the entity access to results of the Blamore well and an exclusive option expiring on October 6th 2008 to negotiate a farmin over some or all of CTP’s acreage together with an issue of shares. No terms or scope have been agreed at present.

(market announcement 28Aug)