CTP 5.45% 5.2¢ central petroleum limited

"The coal gas finds so far are too deep & low readings to get...

  1. 1,195 Posts.
    lightbulb Created with Sketch. 2
    "The coal gas finds so far are too deep & low readings to get over-excited about too, imho."

    This is where Underground Coal Gasification (UCG) is a perfect candidate for this situation, where you don't need to dig up the coal to transport it. It's a process of picking up the Undersground Coal seam, which is in a depth that is not conventionally extracted - the coal seam should ideally be between 200m and 800m, but it doesn't mean we could not go beyond 1000m.

    Good article to read in AFR'today about UGC technology..

    Cheers - BS

 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.