CTP 0.00% 5.2¢ central petroleum limited

twist off and fishing, page-3

  1. Ya
    6,809 Posts.
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    Firsly page 2 of today's ann'mnt says B-1 is a Wildcat!!! I dont want to talk about this topic anymore its been answered by the company.

    Now moving fwd.

    The bad news is that the Purni (silty formtn) came out thicker here 590m, instead of 150m as encountered at Colson-1.

    The good news is they haven't got to the zone of interest yet. Also the gas they have is from the thick coal which is highly permeable. Conditions indicate that gas found apart from the coal indicates good HC presence.

    Think there next couple of wells are targetting coal seam methane, so its a win-win case so far.

    Problem they have is technical not to do with a duster or anything else so-far.

    B patient.

    cheers
 
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