CTP 1.96% 5.0¢ central petroleum limited

final well

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    The final well in Phase One of Centrals 2009/10 exploration program is CBM93002 (EP93) located 57km southwest of CBM107001. The well lies on the downthrown side of a significant fault and is expected to intersect > 90m of Purni Formation coal in an area that is currently considered to have much higher potential for thermogenically generated CSG and for conventionally-trapped hydrocarbons. Overall, the Pedirka has considerable potential for significant prospective resources, both CSG, particularly in biogenically derived methane as well as Underground Coal Gasification (UCG).
 
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