Hard to tell. Obviously it's not good if they are seeing fractures infilled with minerals but drill cuttings don't really give enough info to tell the degree of infill, because they are smashed up.
It doesn't sound great so far, but they've only gone a small way through the horizontal leg, and horizontal wells take advantage of lateral heterogeneity in the reservoir. You often only need to intersect a comparatively small section of good reservoir to have a successful well.
- Forums
- ASX - By Stock
- Ann: Mereenie WM26 Drilling Update
CTP
central petroleum limited
Add to My Watchlist
1.85%
!
5.5¢

Hard to tell. Obviously it's not good if they are seeing...
Featured News
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.
|
|||||
Last
5.5¢ |
Change
0.001(1.85%) |
Mkt cap ! $40.24M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.4¢ | $14.56K | 265K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 155 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 54218 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 298264 | 0.055 |
2 | 537565 | 0.054 |
1 | 94708 | 0.053 |
4 | 674263 | 0.052 |
2 | 820000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 54218 | 2 |
0.059 | 326120 | 2 |
0.060 | 20000 | 2 |
0.061 | 100000 | 1 |
0.067 | 149268 | 1 |
Last trade - 10.12am 04/07/2025 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Matthew Kowal / Andy Burger, CCO / Head of E-Commerce
Matthew Kowal / Andy Burger
CCO / Head of E-Commerce
Previous Video
Next Video
SPONSORED BY The Market Online