CTP 0.00% 5.0¢ central petroleum limited

drilling update

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    Sav.
    Any chance you could help interpret the results. I don't know to post the table (mac instructions needed).

    090708 Blamore 1 Pedirka Basin Drilling Progress Report
    Blamore 1 is the first well in a planned 7 well programme in 2008 targeting prospective recoverable resources at “high” estimate of 260 Mmbbls oil and 2.4 TCFG gas and up to 105 BCFG Helium in conventional reservoirs as well as representing the first phase of exploration for 34-70 TCFG in prospective recoverable Coal Bed Methane resources. Please refer to earlier announcements for details of the 2008 exploration programme
    Blamore 1 Report from 0600 hrs 8 July to 0600 hrs 9 July 2008
    Drilling : Running 9 5/8” casing.
    Geology : Encountered interpreted top of Cadnaowie Formation at c.951m RKB which is 110m high to prognosed depth of 1061m RKB.
    Total Depth : Planned total depth is 2,500m.
    Targets : Prognosed primary reservoir targets are the top Algebuckina Sandstone, Poolowanna Formation and the Tirrawarra Sandstone. Other horizons may have potential. Blamore is a wildcat well based on seismic interpretation. The following table is a preliminary field wellsite interpretation and subject to ongoing revision as more data becomes available, particularly final electric logging. It is not to be regarded as a final report.
 
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