Just reread this announcement - with CTP 4c higher at 15c It is...

Just reread this announcement - with CTP 4c higher at 15c
It is proposed the Zevon is drilled with a smaller rig as only 2,000m deep

Zevon West @ approx 582km2 is quite a bit larger than Dukas @ approx 399km2

Using a smaller rig is taking a chance the pressure will be less than Dukas - its the same formation

Maybe it is a play by CTP - saying we don't need the big Dukas rig for Zevon - but heck, we can use it - but not for the big rig price tag.
Zevon has a 30km experimental seismic in Q4 2021, followed by 700km seismic in 2022 - partly funded by NT government
I certainly prefer if/when Zevon is drilled - it has a high pressure rig

CTP presently have 45% of Dukas and 100% of Zevon with farmout expected after successful seismic.


I do like the move with Santos, bringing Peak Helium into play - as it potentially provides a ready sales avenue for all the Helium and maybe upgrades Mt Kitty and Magee [but I have not read up on these two discoveries]