CTP 0.00% 5.3¢ central petroleum limited

ctp's coal is not irrelevant, page-65

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    Could some of you plz have a look and compare to where i am referring to


    Permit well Top- base Coal Net Coal > 1m Thickest seam

    NT107-002 296-469 mtrs 62.7 mtrs 20.1

    If we are after shallow coal why aren't we drilling were we know it shallow.

    The nearest next wells come in at depth of CBM 93 004/ 640 MTRS START OF COAL to the N/ east about 40 klms away

    CBM 107001 TO THE S/S/EAST 40 odd klms away depth 745 mtrs


    And in between 107-002 and cbm 107-001 Rio has EL27967 and 27966

    So we have 50 klm's in west /s/west/ north direction to work with in ep 107

    Rio picked up six more tenements from tri star energy which is in EP134 i believe

    Would not have even bothered to have looked at shel 27109-01 or 02 because of the depth of nearest well to the s/west and s/east.

    We are talking about depth under 500 mtrs to work with for starters.If we concertrate in CBM 107 AREA

    WITH 67 MTRS OF COAL START DEPTH 269 MTRS

    Shel 27114-2 is ss/west of of cbm 93002 some 40 klms away

    Which is going to be drilled in the next month

    CBM 93002 depth was 790 mtrs

    Etingimbra 60 klms away to ss/east had only 2.5 mtrs of coal depth 625 mtrs

    So thru the middle RIO has a strip some 100klms long by 15 klms wide to there left coal at 270 mtrs to the right 700 mtrs to 800 mtrs depth

    Have a good look the map will be easier to follow than me

    http://www.proactiveinvestors.com.au/genera/files/companies/central_petroleum_19_oct_2010.pdf
 
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