CTP 0.00% 4.9¢ central petroleum limited

twist off and fishing, page-21

  1. 671 Posts.
    Hello Sav-J,

    Just in reference to your post where you were suggesting more evident traces of oil between 2250-2400m. Wouldn't that make the current drill target a little shallow, considering they are only going to 2500m. This has always concerned me as it seems to be cutting short where the drilling becomes interesting, what do you think?

    I am no geologist, but considering a lot of the formations predicted are significantly different to their pre-determinations, perhaps a deeper well should have been drilled.

    I do enjoy the prospect of having a potential CBM earner and it will be nice if the market would recognise it as well.

    Later

 
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