CTP 0.00% 4.8¢ central petroleum limited

For all, especially for out resident geologists, an old paper by...

  1. 121 Posts.
    For all, especially for out resident geologists, an old paper by our own Greg Amobrose. A lot of useful info on Magee-1 and Amadeus basin geology.

    some extracts:

    "At Magee-1, basement is
    shallower and better imaged seismically. The well intersected a thin (4.5 m) Heavitree Quartzite sandstone which flowed helium and nitrogen rich gas at a stabilised rate of 63.1 Mscfd (1784 m3/d)."

    "The extremely high helium content of the Magee-1 gas (6.2%
    by volume), if representative of likely yields, far exceeds
    the commercial extraction threshold of ≥1% and therefore,
    provides a unique commercial opportunity for explorers. A
    staged, fully integrated exploration program is required to
    ensure that this potential is realized and can be monetized in a cost-effective manner."

    http://conferences.minerals.nt.gov.au/cabsproceedings/Final_papers/P43_Young_Ambrose.pdf

    Cheers



 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
4.8¢
Change
0.000(0.00%)
Mkt cap ! $35.52M
Open High Low Value Volume
4.9¢ 4.9¢ 4.8¢ $2.624K 53.82K

Buyers (Bids)

No. Vol. Price($)
1 980647 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 189266 2
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.