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Central Petroleum Limited (ASX:CTP) (C9J.F) (OTCMKTS:CNPTF) advises that the Range pilot has commenced production. The three wells (Range-6, 7 and 8) have been successfully drilled and completed, and surface facilities have been installed and commissioned.
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...
Central Petroleum Limited (ASX:CTP) Quarterly Activities Report & Appendix 5B OTCMKTS:CNPTF) provide the quarterly activities report & Appendix 5B for the March quarter. - Cash balance at the end of the March quarter (the quarter) was $37.7 million, compared to the $38.5 million balance at 31 December 2020, reflecting: - $7.4 million net cash flow from operations (before exploration and finance costs) which includes $2.9 million under the take or pay provisions of gas supply contracts for CY2020 - Increased exploration activity ($2.5 million expended) as the Range pilot drilling ca...
Central Petroleum Limited (ASX:CTP) Range Pilot Update - Range-8 Spuds and Range-7 Completed Range Pilot Update - Range-8 Spuds and Range-7 CompletedBrisbane, April 28, 2021 AEST (ABN Newswire) - Central Petroleum Limited ( OTCMKTS:CNPTF) advises that Range-8, the third well in the three well Range Pilot Programme, spudded on 28 April 2021 at 07:00 Hrs. The Range-8 well has a target depth of 680m 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. Th...
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 ...