CTP 1.96% 5.0¢ central petroleum limited

recent inspection of access routes to the Johnstone Hill area in...

  1. 95 Posts.
    recent inspection of access routes to the Johnstone Hill area in EP 115 in central Australia has identified a potential saving of up to A$500,000 (over previous estimates).
    Central?s Managing Director, John Heugh, said today ?the generally dry nature of the terrain in central Australia makes road construction or repair difficult.
    ?While Central?s CSG drilling programme in the Pedirka Basin has been delayed due to heavy rain, recent lighter rains in the Johnstone Hill area have generally consolidated and settled the surface of dusty areas,? Mr Heugh said.
    ?This outcome, together with the road and seismic line clearing activities recently completed in the area, means that many kilometres of new road are now unnecessary.?
    Water well drilling required by the planned drilling in EP 115 (Johnstone 1, Surprise 1 or North West Mereenie 1) is anticipated to commence within the next week.
 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
-0.001(1.96%)
Mkt cap ! $37.00M
Open High Low Value Volume
5.5¢ 5.6¢ 5.0¢ $343.8K 6.702M

Buyers (Bids)

No. Vol. Price($)
1 288354 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 409091 1
View Market Depth
Last trade - 15.50pm 19/06/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.