anyone catch that recent announcement by CTP quite incredible, an independent review has stated the company has existing targets of 67 TCF of coal seam gas with recent additional leases adding targets of another 25 TCF.
with historical drilling uncovering coal seams of up to 60m proving the coal is there, will be very interesting to see what happens when CTP becomes the first company to test for CBM gas.
these targets double the Santos NSW targets announced yesterday quite incredible.
targetting up 92 trillion cubic feet cbm gas
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