CTP central petroleum limited

historical gem

  1. 10,075 Posts.
    lightbulb Created with Sketch. 4852
    On December 10, 1967, the US Atomic Energy Commission detonated a 29 kiloton underground nuclear explosion to test the nuclear method of fracking for natural gas.
    It was the first of three such tests conducted in the US which was a part of a wider program (called Operation Plowshare) to find civil engineering uses for atom bombs.
    Project Gasbuggy was of direct relevance to Central Australia because great expectations were held of this method for potential use in the new Mereenie gas field.
    In fact, Magellan Petroleum had already applied to the US and Australian Atomic Energy Commissions for a licence to conduct nuclear fracking in The Centre.
    Hopes were dashed when the gas extracted from the test sites consistently proved too contaminated with radioactive particles to be safely used; and the new method of hydraulic fracturing helped bring to an end the research program of Operation Plowshare in the mid 1970s.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.5¢
Change
0.001(1.85%)
Mkt cap ! $40.98M
Open High Low Value Volume
5.4¢ 5.5¢ 5.4¢ $91.62K 1.696M

Buyers (Bids)

No. Vol. Price($)
1 449381 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 6030 1
View Market Depth
Last trade - 15.59pm 27/06/2025 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.