CTP 1.89% 5.4¢ central petroleum limited

what a surprise, page-2

  1. 3,056 Posts.
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    Short note from todays announcement (5th July 2011)in part

    "The Company is actively planning a liquids focussed programme over the next 6 months and anticipates announcing the selection of drilling contractor in a matter of a few weeks. The campaign is planned to include the re-entry and testing of Surprise-1 for oil potential (best or P50 UOIIP 10 MMbbls) in both conventional and
    unconventional horizons, drilling of the Mt Kitty prospect, a sub-salt 2 TCFG UGIIP (best or P50) gas/condensate/helium prospect and the drilling of Madigan-1, the first well on a giant structure in the Pedirka Basin with UOIIP (best or P50) potential of over 4 billion barrels based on preliminary mapping of new seismic acquired in 2010."

    Little good news is still good news!
 
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