Brisbane, Australia (ABN Newswire) -
Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLF) ("Company") has been advised by Santos, as the Operator of EP125 (Northern Territory), that the Ensign 918 rig has mobilised and is anticipated to recommence drilling operations at the Mt Kitty-1 well location in the Amadeus Basin on around 24 March 2014.
As previously advised to the market the top hole of this exploration well was drilled with a shallow capacity rig to a depth of around 785m KB. Planned total depth of the well is around 1,550m subsea (2,030m KB).
The Company will advise the market of any well results of a material nature.
About Central Petroleum Limited:
Central Petroleum (ASX:CTP) is an ASX listed junior exploration and production company operating what is regarded as the biggest package of prospective acreage in Australia.
Contact:
Central Petroleum Ltd.
Richard Cottee, Managing Director
TEL: +61-7-3181-3800
Media enquiries:
Martin Debelle, Citadel
TEL: +61-2-9290-3033
Mobile: +61-409-911-189