Sydney, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) advises that further initial flow testing of the Surprise-1 Re-entry H (S1REH) well has finished after recording a sustained flow rate via a 32/64' choke of 380 bbls/day with a low 4.4% drilling fluid and/or water cut as previously announced.
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) ('Central' or the 'Company') advises that initial flow testing of the Surprise-1 Re-entry H (S1REH) well has resulted in a maximum sustained flow rate via a 24/64' choke of 300 bbls/day with a low water cut. The oil flowed to date is a 'light sweet crude' with an API Gravity averaging 40 Degrees. There is no evidence of Hydrogen Sulphide (H2S [...]
Sydney, Australia (ABN Newswire) - A Measured Depth of approximately 2,854m with a True Vertical Depth of approximately 2,534m has been reached with approximately 230m of horizontal drilling in the target reservoir.
Sydney, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) advises shareholders that at 0600 this morning CST, the Surprise-1 Re-entry H well was drilling ahead horizontally at approximately 10 metres/hour at a Measured Depth of 2,630m and a True Vertical Depth (TVD) of 2,543m. Approximately 75m of horizontal well bore has been drilled.
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) advises shareholders that a window has been successfully milled in the 7' casing and the angle building section of the well is proceeding. It is anticipated that the horizontal section will commence by Friday 23 December 2011 and be completed as a barefoot horizontal completion (uncased horizontal section) ready for evaluation by the end of the first [...]
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) advises shareholders that due to the continuation of horizontal drilling and testing operations at Surprise 1 ST-1 the closing date for the Share Purchase Plan (SPP) has been extended to the 25th of January 2012.
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) ('Central' or the 'Company'), has pleasure in announcing that interpretation of electric logs, cuttings sampling, gas chromatography and coring to date has indicated a possible gross oil column in the Lower Stairway Sandstone of up to c.17m, with permeabilities ranging up to 420 Millidarcys measured in a 9m cored zone. Smaller hydrocarbon zones up to [...]
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) has completed running electric logs at the Surprise-1 well and is in the process of utilising a Modular Formation Dynamics Tester (MDT) tool which measures formation pressures and samples reservoir fluids. The data obtained from these processes will help establish the fluid content and hydrocarbon saturation of the reservoir, and to an extent, the [...]
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) announced it would be undertaking an underwritten Share Purchase Plan ('SPP') to eligible shareholders with the intention of raising a minimum of A$5.5 million. Full details of the SPP were announced by the Company on 23 September 2011.
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) has pleasure in announcing a new Technical Note from the Company detailing up to 65 million acres (260,000 km2) of unconventional play exploration targets in its acreage. These horizon areas are an incremental addition to those unconventional exploration plays and resources detailed by DSWPET Pty Ltd in the Southern Georgina and Amadeus Basins [...]
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) is pleased to release Chairman's address to Shareholders at Annual General Meeting.
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) ('Central' or the 'Company') has pleasure in announcing that at 0600 this morning CST (Central Standard Time Northern Territory), the well had reached a depth of 2,672m RKB in the Pacoota Sandstone.
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