CTP central petroleum limited
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News: CTP Central Petroleum Says Dukas-1 Exploration Well To Be Suspended At 3,704M

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    13/08/19
    15:20
    Post #: 39977593

    Aug 13 (Reuters) - Central Petroleum Ltd (CTP) :

    • DUKAS-1 EXPLORATION WELL TO BE SUSPENDED AT 3,704M
    • POTENTIAL FORMATION PRESSURES WITH DRILLING FORWARD TO PRIMARY TARGET WOULD REQUIRE HIGHER SPECIFICATION RIG & SURFACE EQUIPMENT
    • CURRENTLY ACQUIRING SUITE OF WIRELINE LOGS (INCLUDING A VSP), AFTER WHICH WELL WILL BE SUSPENDED
    • GAS RECOVERED TO SURFACE WITH DRILLING FLUIDS CONFIRMS PRESENCE OF HYDROCARBONS AND INERT GASSES
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-0.002(3.33%) 		Mkt cap ! $43.65M
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