CTP 1.89% 5.4¢ central petroleum limited

look at that depth now, page-2

  1. Ya
    6,809 Posts.
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    Depth should build up IMO, as they've only drilled the tip of the Pacoota SST.

    22m out of a possible 320m thick formation had shows reported. Besides, there's the Love Creek target still to come.

    One could eyeball the seismic section shown on the first page of their Q2-cashflow report.

    Last nite update shows that the oil hasn't leaked out upwards or via the nearby reverse fault.

    They need to drill out to TD to decipher the 'gross' thickness of the HC column. Still early days IMO, as no oil was reported over the shakers. Should they switch to air drilling, then they aren't damaging the primary target (Pacoota, i.e).

    Their plans to drill Surprise-1, 8kms downdip should give them a good idea over the areal extent/continuity of this field.

    Should b interesting what JH says in his BRR address.
 
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