The Director of Energy, Dept. of Regional Development, Primary Industry, Fisheries and Resources, Darwin, Northern Territory Notification of Discovery in Exploration Permit EP 93 Northern Territory Dear Sir, Operator of the above permit is Central Petroleum. The operator wishes to formally notify the Northern Territory Government of a coal discovery in EP 93, with significant coal intersections exceeding 100 m in thickness in each of the discovery wells , Blamore-1 and CBM 93-01. This notification is pursuant to Clause 2.47 (pp 236) of the Northern Territory Onshore Petroleum Act. The coal intersections in these two wells are significant and diagnostic seismic signatures in the general area are representative of a widespread coal resource at various depths covering approximately 9,000 km2 of EP 93. Seismic and well control is limited but this areal extent is believed to be realistic. This major resource has potential to be commercialised either by way of a Coal-Bed-Methane project (with an associated Gas To Liquids Plant or other value adding plant and/or pipeline sales gas) or a project exploiting Underground-Coal-Gasification technology with production of associated liquids or other value added products together with pipeline sales gas after reforming. Central presents this document as formal notification of this discovery and will endeavour over the remaining permit term to more fully appraise its extent and commercial potential.
Now that is a nice little announcement. Now will the farmin partner please stand up. :))
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