CTP central petroleum limited

Ann: Drilling Update - Encouraging Indicators at Dukas-1, page-41

  1. 3,648 Posts.
    lightbulb Created with Sketch. 1973
    High pressure reservoirs isn’t something you want to mess around with. It’s likely that the entire well can’t handle the pressures being interpreted at this depth. Special casing will be needed, a development rig will likely be used as the well design will be different. A good example is Pheonix South which had to be re drilled due to exceptional pressures.

    This is a set back in a way but also a good positive as pressures indicate high saturation and a larger then expected gas accumulation. Obviously another well will be needed and appraisals. The salt is also an excellent sealing formation which bodes well for future exploration.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.9¢
Change
0.001(1.72%)
Mkt cap ! $43.97M
Open High Low Value Volume
5.9¢ 5.9¢ 5.7¢ $4.364K 74.41K

Buyers (Bids)

No. Vol. Price($)
2 564138 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 172675 2
View Market Depth
Last trade - 15.15pm 20/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.