CTP 6.90% 5.4¢ central petroleum limited

160m of net coal, page-48

  1. Ya
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    SavJ,

    CTP have used the term "net", this is post wireline-logs. Whilst drilling in the Purni, u'd encounter carb silt & coal so thats your gross section. Assuming that this interval is 628m (top at 1500 - 2128m), its hard to decipher the exact thickness.

    U could use the drill breaks & gas breakdowns in tandem, but the wireline (sonics/gamma) makes the net interval stand out & hence the ann'mnt to the mkt about 160m Net.

    Thanks for the info on GSG, will research them the sector looks well poised at the moment.

    cheers
 
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