Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that on 30 May 2022, the Palm Valley 12 (PV12) well in OL3, Southwest of Alice Springs in the Northern Territory, was at a depth of 1,947m at 0600 hrs ACST in the P1 unit of the Pacoota Formation.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that on 16 May 2022, the Palm Valley 12 (PV12) well in OL3, Southwest of Alice Springs in the Northern Territory, had reached a depth of 1,687m at 0600 hrs ACST in the Lower Stairway Formation.
Following recent reviews of geological data and fracture modelling analysis, Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) has identified the Pacoota-3 interval as a possible new appraisal target that may be integrated into the current PV12 drilling program.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that on 25 April 2022, the Palm Valley 12 (PV12) well in OL3, Southwest of Alice Springs in the Northern Territory, had reached a depth of 221m at 0600 hrs ACST and is currently drilling ahead.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that the Palm Valley 12 (PV12) well in OL3, Southwest of Alice Springs in the Northern Territory, spud on Sunday, 17 April 2022.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises it has today completed the sale of 50% of its interests in its Amadeus Basin producing gas and oil fields to New Zealand Oil & Gas Limited (ASX:NZO) (NSE::NZO) and Cue Energy Resources Limited (ASX:CUE).
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) is pleased to announce the appointment of Mr Stephen Gardiner as a director of the Company effective 1 July 2021.
