CTP 2.04% 4.8¢ central petroleum limited

Some lite reading for now...Just a little bit of rehash so that...

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    Some lite reading for now...
    Just a little bit of rehash so that we keep thinking about what CBM is a little bit about again guys!

    Some of you have probably started thinking about CBM to GTL from CTP's recently released announcement of 160 metres of Coal Seam discoveries and what are the possiblities - well....

    Just another point of significance is about the changing views of US and Europe about clean diesel as opposed to dirty diesel (that is petroleum based diesel containing sulphur which provides lots of unfavourable effects on health and the environment).

    http://findarticles.com/p/articles/mi_m0CYH/is_21_6/ai_94122823 (article is old but concept is NOW)

    Just a two points that come from this article include
    1 Europe is becoming critically short of diesel fuel, and it's also moving to 10-ppm sulfur limits on both on- and off-road diesel. Europe needs ultra-clean diesels (like GTL diesel) to meet Kyoto treaty targets as well as future vehicle fleet fuel efficiency targets.
    2 Even by 2015 Europe, India ,China and USA will probably still be struggling to come to terms with cleaning up its problems they will have with petroleum diesel - BUT there is an alternative.. an interesting response below

    The more significant site
    http://www.gulfnews.com/BUSINESS/Comment_and_Analysis/10187191.html

    With GTL, natural gas is going to be of high interest this year (2008)
    By Leah Bower, Special to Gulf News
    Published: February 04, 2008, 23:31 He states

    "I expect great things for natural gas in 2008, and now, with the recent spotlight trained on its derivative gas-to-liquid (GTL), I only see more interest in the fossil fuel that has long taken a back seat to oil.

    GTL is a synthetic fuel that has been used in race cars, diesel engines and now jet engines.

    Essentially, natural gas is altered through a chemical reaction to make a fuel comparable to conventional diesel. The difference, however, is that the higher cetane - similar to octane in gasoline - in GTL fuel lets it work in higher performance engines, such as those powering a jet airplane as well as in automobiles.

    GTL fuel doesn't produce the same amount of fine particulate matter, much of which comes from sulphur and contributes heavily to air pollution, that traditional diesel does, and the waste it does produce has fewer carcinogens. There is no question it can fuel some pretty powerful engines.

    The A380, the world's largest passenger aircraft, took a three-hour tour from Filton in the UK to Toulouse, France, last Friday using a GTL fuel. Although Airbus had little to say about the cost of producing the fuel, the A380, which seats 555 passengers and is taller than five double decker buses, made the trip with no hitches.
    Theres more at the site about the fuel of the future - clean GTL diesel."

    And what does CTP have lots of now probably - Yes, you got it -THE Coal bed methane GAS.
    CTP - the world awaits your gas!
    Could some country come a calling soon once CTP estimates its quantities SOON.
    Will soon see I think!
    Cheers guys once again.

 
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