CTP 0.00% 5.3¢ central petroleum limited

Hi Grumpster,regarding EP's (Exploration Permits) 82 & 125 the...

  1. 1,396 Posts.
    Hi Grumpster,
    regarding EP's (Exploration Permits) 82 & 125 the dark areas appear to be the HE Nuclear farmin blocks.

    From P.6 of the latest quarterly under the heading...

    "Participants & Joint Ventures-Risk Sharing & Technology Benefits."

    3. The HEN Joint Venture covering two very large prospect blocks within Exploration Permits EP 125 & 82, The Mt Kitty and Magee prospect blocks respectively." Ends.

    As for HEN's financial position that's under wraps since its a privately owned company. They are managed by Barry Dawes who is the CEO of MPS who specialize in capital raising, IPO's, Placements, rights issues etc. Both PXA & HEN were assembled by MPS as separate private companies.

    Speaking of private companies I notice that our latest JV partner Energy Infrastructure and Resources Pty Ltd has also worked with MPS. Just submit the letter "E" in the following link. No details on their business dealings are given.

    http://www.mpsecurities.com.au/companies.php





 
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