CTP 4.00% 4.8¢ central petroleum limited

Correct jdvictoria. They are however still applications at this...

  1. 609 Posts.
    Correct jdvictoria. They are however still applications at this stage I believe.

    Further to that central also runs Central Geothermal (to test the geothermal potential of the amadeus and pedirka) and Central Green (carbon/forestry) as future endeavours of the company in environmental awareness and potential revenue earners. These are however longer term strategies.

    Central's a multi commodity play company - not only is there potential oil (and lots of it) we have conventional gas, up to say 20 TCF+ to be outlined, CBM of 34-70 TCF to feed a potential 140,000 bbl GTL plant for 70 years based on 34 TCF using Fischer Troph technology and also Helium potential.

    Helium itself is one very expensive gas - selling anywhere from $60-80 mcf (20x natural gas costs), of which central have up to c. 200 BCF+ of the gas.

    Intersting few years ahead, all beginning withing the next week or so with the spud of Blamore (71 mmbls UOIIP).



 
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