CTP 7.69% 4.8¢ central petroleum limited

a bit more coverage

  1. 126 Posts.
    just logged on to bell direct to find a "stocks to watch" article on ctp....seems to be gathering a bit of momentum in the public domain now.....extra exposure can only be beneficial for the sp

    Summary

    Ferret's Stock to Watch: CENTRAL PETROLEUM LTD Unit Price:
    Bid: Ask:

    18 Jan 2010 10:15:00

    40 Views 0 comments

    WHAT POTENTIAL IN A COAL SEAM DISCOVERY!

    Sydney - Monday - January 18: (RWE Aust Business News)

    ******************************************************

    OVERVIEW

    ********

    If you are keen on energy stocks watch for a company that still has to hit the big time and has the potential to do so.

    A good example is Central Petroleum Ltd (CTP), which on Friday notified the ASX of a coal discovery in one of its leases.

    Directors are hoping that the find will become a coal seam gas (CSG) or an underground gasification project.

    Central Petroleum holds and operates a highly prospective portfolio of under-explored onshore acreage, with a variety of exploration plays spread over a number of basins, one of which hosts producing fields.

    Very importantly, it seems no longer the case that only the very large discoveries can be economically developed.



 
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