Central Petroleum Limited (ASX:CTP) Range Pilot Update - Range-7 Spuds and Range-6 Completed
Range Pilot Update - Range-7 Spuds and Range-6 CompletedBrisbane, April 22, 2021 AEST (ABN Newswire) - Central Petroleum Limited ( OTCMKTS:CNPTF) advises that Range-7, the second well in the three well Range Pilot Programme, spudded on 22 April 2021 at 7.30am. The Range-7 well has a target depth of 694m below rotary table (RT) and will be completed across the three seams of the Walloon Coal Measures. The pilot wells will be tested over several months to confirm water and gas flow rates. The first well in the programme, Range-6, was successfully executed in line with the well plan. Total Depth (TD) was reached at 675m RT and the Walloons coals were intercepted over a depth range from 260m RT to 610m RT. The well was successfully cased and suspended with a slotted liner over the coals and the well was prepared for completion. The wells will be brought online once all pilot wells are drilled and completed and the wellhead facilities have been commissioned.