Central Petroleum advises that it has completed the issue of the Share Purchase Plan shares to existing shareholders in addition to completing a top-up placement of 50 million new Central shares at 5.5 cents per share to institutional, sophisticated and professional investors. In total the SPP and Placement raised $9.9 million before costs.
Sydney, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) (ASX: CTP) has released a webcast with the following details: Central Petroleum reservoir engineering report commentary.Speaker: John Heugh, Managing Director
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) is pleased to advise that independent consultants RPS Energy Pty Ltd ('RPS') concluded that the pressure transient data gathered during the production test of Surprise-1REH indicates that the well may access STOIIP ('Stock Tank Oil Initially In Place') in the range of 0.5 to 2 million barrels in an area proximal to the well. No apparent boundaries were [...]
Sydney, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) ('Central' or the 'Company') is pleased to advise the release of a Technical Note by Greg Ambrose, Manager Geology, 'The breakup of the Rodinia Supercontinent and its impact on petroleum systems in the Amadeus and Georgina Basins.'
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) announce a webcast regarding 'Oil discovery at Surprise-1'. To access the Central Petroleum webcast click the following link http://abnnewswire.net/lnk/0D456JNW
Sydney, Australia (ABN Newswire) - Central Petroleum (ASX:CTP) : market capitalisation of ~A$60 million recently announced the successful flow testing at 380 barrels of oil per day via a 32/64' choke for its Surprise-1 Re-entry H well in the Amadeus Basin the Northern Territory. What were the background circumstances that led Central Petroleum to drill the well and conduct the flow testing [...]
Sydney, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) advises that further initial flow testing of the Surprise-1 Re-entry H (S1REH) well has finished after recording a sustained flow rate via a 32/64' choke of 380 bbls/day with a low 4.4% drilling fluid and/or water cut as previously announced.
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) ('Central' or the 'Company') advises that initial flow testing of the Surprise-1 Re-entry H (S1REH) well has resulted in a maximum sustained flow rate via a 24/64' choke of 300 bbls/day with a low water cut. The oil flowed to date is a 'light sweet crude' with an API Gravity averaging 40 Degrees. There is no evidence of Hydrogen Sulphide (H2S [...]
Sydney, Australia (ABN Newswire) - A Measured Depth of approximately 2,854m with a True Vertical Depth of approximately 2,534m has been reached with approximately 230m of horizontal drilling in the target reservoir.
Sydney, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) advises shareholders that at 0600 this morning CST, the Surprise-1 Re-entry H well was drilling ahead horizontally at approximately 10 metres/hour at a Measured Depth of 2,630m and a True Vertical Depth (TVD) of 2,543m. Approximately 75m of horizontal well bore has been drilled.
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) advises shareholders that a window has been successfully milled in the 7' casing and the angle building section of the well is proceeding. It is anticipated that the horizontal section will commence by Friday 23 December 2011 and be completed as a barefoot horizontal completion (uncased horizontal section) ready for evaluation by the end of the first [...]
Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) advises shareholders that due to the continuation of horizontal drilling and testing operations at Surprise 1 ST-1 the closing date for the Share Purchase Plan (SPP) has been extended to the 25th of January 2012.