CTP 3.92% 5.3¢ central petroleum limited

Yes.Lots of old announcements such as below, but can't find the...

  1. 11,084 Posts.
    Yes.

    Lots of old announcements such as below, but can't find the announcements for fraccing 5-6 wells CTP were going to do after Surprise;


    http://www.companyinsight.com.au/interview/Central-Petroleum-(ASX:CTP)


    "companyinsight.net.au

    Why do you say the Surprise flow rates materially enhance the prospectivity of Central’s extensive acreage in the immediate region and more broadly in the Western Amadeus Basin?

    John Heugh

    Before this well was drilled, there was only one other significant well (Johnstone) that had provided excellent oil shows west of the producing Mereenie oilfield, but it did not flow oil to surface. Now that Surprise has flowed oil to surface, this changes the picture because it demonstrates an active petroleum system where Surprise is located – in about the middle of that section of the Amadeus Basin that runs from the Mereenie oilfield across into Western Australia, a distance of about 400 to 500 kilometres. That’s why we say this result has enhanced the prospectivity of the area generally, but the real significance is for our prospects and leads in the near vicinity, i.e. within several kilometres of Surprise."
 
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