Brisbane - Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLF) provides the Company's latest Presentation at 2018 ROCK ME AMADEUS Roadshow.
HIGHLIGHTS
- MEREENIE
o Drilling West Mereenie-26
o $12M plant upgrade
- PALM VALLEY
o Drilling Palm Valley-13
o 5 TJ/d existing plant capacity
- OORAMINNA
o Drilling Ooraminna-3 to determine deliverability
- BREWER ESTATE AND DINGO
o Remote operation
o Plant upgrade to 5.5 TJ/d
o 4.4 TJ/d existing sales
- DRILLING PROGRAMME
o Aim to triple reserves over time by accessing Stairway Formation at Mereenie and natural fractures at Palm Valley
- QUEENSLAND ACREAGE
DELIVERING NEW QUEENSLAND ACREAGE - ATPA 2031
- 77 km2 coal seam gas acreage awarded on 1 March 2018 by the Queensland Government for Australian domestic gas supply
- ATPA 2031 is located midway between Miles and Wandoan in the eastern Surat Basin
- The permit lies within the north-eastern Walloon Fairway, surrounded by acreage held by QGC, Arrow and APLNG and comprises one (1) graticular block
- Estimate of 377 PJ of Original Gas In Place* of which 150- 180 PJ potentially recoverable
- CTP's four year programme comprises 9 wells and at least one (1) production test pilot totalling ~$20 million
* Estimate by Queensland Government as part of the tender process
To view the full presentation, please visit: http://abnnewswire.net/lnk/SV6B3L2T
About Central Petroleum Limited:
Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLF) is an oil and gas explorer and producer listed on the Australian Securities Exchange focused on supplying the domestic gas market. Central is advancing several separate projects across what is regarded as the biggest package of proven and prospective oil and gas acreage across central Australia. This spread of assets gives Central multiple options for growth and development. 88% of this land being gas prone has led to the Company's focus on becoming a major domestic gas producer.
Contact:
Central Petroleum Ltd. T: +61-7-3181-3800 F: +61-7-3181-3855 E: info@centralpetroleum.com.au www.centralpetroleum.com.au
Media Enquiries Martin Debelle at Citadel-MAGNUS T: +61-2-8234-0100 M: +61-409-911-189
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
Brisbane - Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLF) provides the Company's latest Presentation at 2018 ROCK ME AMADEUS Roadshow.
