CTP 7.69% 4.8¢ central petroleum limited

It looks like we still had another month to go before the 3...

  1. 7,889 Posts.
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    It looks like we still had another month to go before the 3 months extention production test

    Middle of October 19

    Asked for to produce [production Lience]

    One month earlier than needed

    Production lience will take 28 days going by NT GOV SITE


    6 Weeks now expect ANN this week IMHO

    RC stated all the ground work in place just waiting on NT GOV to get move on

    Sydney, June 19, 2012 (ABN Newswire) - Central Petroleum Ltd (ASX:CTP) advises that the Northern Territory Department of Resources ("DOR") has approved the Company's Extended Production Test ("EPT") to be carried out at the Surprise-1 Re-entry H ST1 well. The approval is granted for an initial 3 month period which may be extended upon a successful application being made to the DOR.

    This approval now concludes the required regulatory approvals for the Company to commence the EPT. A Crude Oil Sale and Purchase Agreement and a Transport Agreement are close to being finalised.




    Perth, Aug 6, 2012 (ABN Newswire) - Central Petroleum Ltd (ASX:CTP) advises that it has submitted an application letter to the Northern Territory Department of Resources (NTDOR) for a Production Licence (PL) around the Surprise 1REH ST1 discovery well. Given the results of the Extended Production Test to date, the Company believes it has enough data to justify the application for a PL.

    3D seismic data acquisition over the Surprise structure in EP-115 and the 2D seismic across the Pellinor play in EP-97 is 100% complete. The processing of the 3D is 50% complete and the 2D has been initiated.

    And also 3D ANN with 2D following.

    What great timing this will be for the next month



 
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