Following are 2 CTP reports for the Coal potential exploration target at Pedirka Basin. From what I see, the current exploration target is for huge potential of Coal with UCG and UCTL as potential technology.
Recall that ROG is interested in CTP's Pedirka CSG play.
The CTP reports estimates that a "best" case recoverable prospective resource of 1.25 trillion barrels of liquid petroleum products produced by "syngas" in a Gas to Liquids (GTL) process may be possible from CTP tenements, which cover a large portion of the Pedirka Basin.
1. A new report has identified an area of the Simpson Desert straddling the South Australian-Northern Territory border as sufficiently promising to be a serious contender in Australias rapidly emerging underground coal gasification, coal bed methane and gas-to-liquids industries.
The report, found potential for well in excess of one trillion tonnes of coal in the Purni Formation of the Pedirka Basin with estimates suggesting the coal seam potential is very well identified between 200 and 1,000 metres depth.
The findings will now be used by Perth-based Central Petroleum Limited (ASX code:CTP) to explore further the potential for various technology applications such as UCG, GTL and CTL.
2. The tonnage potentials reported today are held under the following:
Mining Act Permits: Total area c. 19,000 km2 Coal above vertical depth of 1,000m range 615 - 655 billion tonnes Coal below vertical depth of 1,000m range 935 - 985 billion tonnes
Petroleum Act Permits: Covering coal in the Pedirka c. 28,000 km2: Coal above vertical depth of 1,000m range 1,205 -1,265 billion tonnes Coal below vertical depth of 1,000m range 900 - 945 billion tonnes
The potential quantity and grade is conceptual in nature and there has been insufficient exploration to define a Mineral Resource, and that it is uncertain if further exploration will result in the determination of a Mineral Resource Industry experience to date suggests that the range of energy available per tonne of coal via UCG processes is 10-20 gigajoules per tonne. This equates to approximately 1 bbl - 2 bbl of liquid petroleum products such as diesel, jet fuel or naphtha per tonne of coal if the gas was put through a GTL plant.
In addition to todays findings, we are also encouraged by the positive UCG trial results being obtained by sector leading operators such as Linc Energy and Carbon Energy, Mr Heugh said.
These trial results also compare favourably with the long history of UCG applications fuelling a 400 MW power station in Uzbekistan. The operator there, Yerostigaz, is, so far, the only company in the world that has commercially produced Underground Coal Gas (UCG) for use as feedstock for the generation of power.
Not only has it commercially produced gas for nearly 50 years commencing production in 1961 but it has done so continually and without interruption to gas supply during that period.
The technology being favoured in Australias developments in these sectors has also undergone significant innovative improvements in recent years compared to the old UCG and GTL technologies dating back to World War II. We are therefore encouraged and heartened at many levels about the near term coal technology options for the Pedirka Basin that CTP aims to commercialise for the benefit of its Shareholders.
3. This independent appraisal has been prepared by Al Maynard & Associates (AM&A) at the request of Central Petroleum Limited (CTP), ABN 72 083 254 308, to conduct an independent report on the potential tonnage of Permian coal within CTPs licences that could possibly be amenable to underground coal gasification (UCG) and/or gas to liquids (GTL) which could also include coal to liquids (CTL) subject to suitable results from future testwork.
Cheers - BS
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