Sledger,
'Very strong blow' in this context means getting a fairly decent pressure reading. Not too high if u compare with gas bearing sands.
A DST is performed by isolating a section of the well or simply put zone of interest.
In the ongoing DST, the test intvl is 30m (ie 978-1008m).
As u can see from the mudlog on page 2 of the ann'mnt, there is abundant Coal with interbedded carbonaceous siltstone, justified by the gas peaks & faster ROP curves.
After drilling, this coal section would b fractured to liberate the trapped gas. This is accompanied by a period of dewatering & then the normal release of gas. The important thing is, coal here is highly permeable & very thick, which is good news for any CSG explorer.
As I had mentioned in my last post few days back, coal doesnt have high pressure to justify reporting flow results. Most coal seam gas fields are developed post-drilling. U can chk out AOE's website to see the movie on a gas flow.
cheers
- Forums
- ASX - By Stock
- CTP
- drilling update. very strong blow
drilling update. very strong blow, page-7
Featured News
Add CTP (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $39.49M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 234750 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 340510 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49750 | 0.053 |
3 | 283253 | 0.052 |
4 | 561685 | 0.051 |
3 | 365000 | 0.050 |
3 | 40418 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 340510 | 1 |
0.058 | 100000 | 1 |
0.060 | 99559 | 2 |
0.062 | 11500 | 1 |
0.069 | 200000 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online