I rang JH this morning, and John has kindly forwarded me the CTP's presentation that he did yesterday (PDF file).
I just convert it to text file and followings are some of the extracts of his presentation. You'll need to go through the PDF file to have all its valuable contents (diagrams, etc..).
Central petroleum LIMITED
FUTURE ENERGY 2009
World energy demand --------------------- Australia’s liquid petroleum self sufficiency (estimated) : •2000 c.100% •2009 c.55% •2017 c.32%
Trade balance in petroleum and petroleum products ------------------------------------------------- •2000 +$0.9 billion •2009 -$13.2 billion •2017 -$28 billion
(Source : APPEA 2009 Darwin CEO Address)
• Started in 1998 with US$12/bbl oil prices • Listed early 2006, current capitalisation c.$58 million 10 cps (270809) • 570 million shares, 129 million CTPOA options trading 6 cpo, 95 million CTPO options trading 3 cpo (270809) • $35 million banked funds • Rolling Convertible Bond to $73 million available • Significant JV partners BG Group (QGC/PXA), Trident,He Nuclear, (EIR/GSG) • Experienced Board and Management : Dr Henry Askin Chair, John Heugh MD, Bill Dunmore & Richard Faull non-exec • Planned 2009 exploration programme commencing Oct 2009
EMERGED FROM GLOBAL FINANCIAL CRISIS IN VERY SOUND SHAPE
Central Corporate
Significant potential, proven prospectivity ------------------------------------------------ •Central operates over 250,000 km2 •Proven prospectivity- ground surrounds 2 producing fields Mereenie, Palm Valley (Santos/Magellan JV) •Billion barrel oil, multi TCF gas and multi BCF Helium* conceptual potential •Trillion tonne coal UCG/CSG potential ( Maynard 2009) •> 10,000 TCFG prospective syngas resources from UCG applications ( Mulready 2009) •1.25 trillion GTL middle distillate (diesel) prospective resources from UCG syngas ( Mulready 2009) •Dominant position in 4 whole basins •Conventional and Non-conventional plays •Underexplored-well density 1/5,000 km2 •Helium* c. $100/mcfg versus natural gas Australia c.$3-5/mcfg
Development Path ---------------- • Oil discovery and development for early cash flow • Development of gas and Helium resources in conventional reservoirs • Development of CBM Pedirka and and non conventional reservoirs Amadeus & Georgina • Examination of UCG applications outside of the current JVs • Planned development of large scale GTL/GTF plant(s) to add value to gas discoveries • Existing infrastructure linking resources to export or domestic markets via Darwin-Domgas and LNG options
Central value adding petroleum hub (re PDF's diagram)
Prospective resources/UOIIP- UGIIP ---------------------------------- •35 TCFG or 6 Bn BOE upside “yet to find” Amadeus Basin conventional targets-NTGS 2005
This conditional programme proposal is solely Central’s in-house proposal and has not been presented to or discussed with current Joint Venture partners. It is subject to appropriate farmin partners, capital, contingencies and approval or modification at OPCOM meetings yet to be held.
Coal-CSG-UCG-GTL -----------------
Petroleum & Mineral Tenements* (re. PDF contents file)
