Heres another article for you guys which I received today. Will...

Heres another article for you guys which I received today. Will apologise if it a old article but the report is attached to which is like 40 pages long.



Ultra Clean Fuel Potential for NT Boarder Coal Seams


REPORT OUTLINES "ULTRA-CLEAN" FUEL POTENTIAL OF NT/SA BORDER COAL SEAMS


Vast potential resources of coal described as a viable Exploration Target in an area of the
Simpson Desert straddling the South Australian-Northern Territory border could yield a major
source of highly marketable "ultra-clean" middle distillate fuels through modern underground
coal gasification technologies, according to an independent report by Mulready Consulting
Services released today.

The independent report, prepared for Perth-based Central Petroleum Limited (ASX: "CTP")
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 Central's tenements, which cover a large portion of the Pedirka Basin.

Central said the findings added weight to its goal to develop a large-scale GTL processing plant
in Alice Springs, to produce "ultra-clean" diesel, jet fuel or naphtha for a global market driven by
the trend to more energy-efficient vehicles.

"The recent emergence of sophisticated Underground Coal Gasification (UCG) and GTL
technologies in Australia is paving the way for us to possibly unlock a huge unutilised potential
resource in Central Australia, and create a UCG/GTL operation of major national significance,"
Central Petroleum's Managing Director, Mr John Heugh, said.

Today's report follows Central's announcement earlier this year of a one-trillion-tonne plus
black coal Exploration Target at between 200 and 1,000 metres depth within the Early Permian
Purni Formation of the Pedirka Basin, including significant coal thicknesses of well over 100
metres of cumulative coal seams.

"The Mulready report estimates that the "best" case (mid-case) syngas prospective resource
which may be available via UCG processes in our Pedirka Basin petroleum acreage could
produce about 1.25 trillion barrels of liquid gas in a GTL plant or plants, which would be
sufficient to fuel a 140,000 barrel-a-day gas-to-liquids plant for about 27,000 years," Mr Heugh
said. "The UCG technology has not been proven at large commercial scale in the west however
and the Exploration Target remains just that until more wells are drilled."
"In this era of growing energy efficiency and the desire for ever cleaner fuels, liquid
hydrocarbons are commanding a premium over gas and are much simpler to transport and
easy to sell ­ not only for transport and electricity, but for the manufacture of chemicals,
solvents, fertilizers, and numerous other consumer products.

"We are looking at the findings of this report alongside our pre-feasibility study into the potential
for a large-scale GTL plant, which we believe could attract commercial interest from one of the
larger global petroleum corporations," Mr Heugh said.

"With global markets of clean liquid petroleum products growing by the day, and the potential
for our domestic market to also grow rapidly if gas sales prices rise, we believe there is a huge
market for these products ­ and certainly these factors may be enough to justify construction of
a GTL plant or plants if such resources are eventually defined by further drilling."

"Our early drilling results also suggest that the coals in the Pedirka Basin have reasonably fit for
purpose qualities and adequate macro and micro permeability, which are fundamental
parameters for UCG production," he said.