Central Petroleum Limited (ASX:CTP) Range Pilot Update - Coal Thickness & Permeability Confirmed
Range Pilot Update - Coal Thickness & Permeability ConfirmedBrisbane, May 13, 2021 AEST (ABN Newswire) - Central Petroleum Limited ( OTCMKTS:CNPTF) advises that all three wells comprising the Range Pilot Programme have been drilled successfully and surface equipment will now be installed prior to the installation of down-hole pumps. The three Range pilot wells, Range-6, Range-7 and Range-8 were drilled to depths of between 675m and 685m and confirmed net coal of between 26m and 28m across the three coal seams of Walloon Coal Measures. Permeability testing of the Range-6 well confirmed that the coals have permeability levels consistent with the strong results from the four exploration wells drilled across ATP 2031 in mid-2019.