On the other hand detecting gas seepage and then drilling is the original method of oil and gas exploration and many major fields have been discovered that way all around the world. It's true that the gas may be uncontained so seeps away and drilling is a waste of time but deposits of natural gas close to the surface are often dwarfed by nearby oil deposits. So the gas is escaping but not the oil. We know this is an oil prospective area because Central already located oil in the area ie the Surprise Oil Field L6. Looks to me like the escaping gas is within that field.
http://centralpetroleum.com.au/our-business/our-licence-areas/amadeus/surprise-oil-field/
- Forums
- ASX - By Stock
- Amadeus Basin prospectively
On the other hand detecting gas seepage and then drilling is the...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $40.24M |
Open | High | Low | Value | Volume |
5.3¢ | 5.4¢ | 5.3¢ | $3.148K | 59.22K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 30773 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.052 |
3 | 440251 | 0.051 |
5 | 407000 | 0.050 |
2 | 255000 | 0.049 |
3 | 288952 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 30773 | 1 |
0.054 | 12500 | 1 |
0.055 | 464530 | 3 |
0.056 | 100000 | 1 |
0.057 | 170000 | 1 |
Last trade - 12.32pm 15/10/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online