CTP 0.00% 5.3¢ central petroleum limited

As per the recent log on the website, current Depth is 880m & on...

  1. Ya
    6,809 Posts.
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    As per the recent log on the website, current Depth is 880m & on top of the 2nd major Purni coalseam.

    I'd expect them to core & test this. The cores should b analysed for the gas saturation & other key properties.

    Once they've cored & flow tested these seams, should b interesting to see what the flowrates are in scf/day.

    1000m is the cut-off depth CTP had used in their reserves report that came out last Feb.

    So looks like this part of the Pedirka should fulful their primary objective, i.e gather as much info as they can for seams above 1000m (thickness, gas-sat, coal quality/maturity, calorific value etc etc) & tweak their internal model & then perhaps plan on future infill drilling (or not depending on their future plan, which IMO should b most likely a UCG-GTL plant instead of CSG).
 
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