Central Petroleum Seismic Contract Awarded
Perth, April 20, 2012 AEST (ABN Newswire) - Central Petroleum Limited (
ASX:CTP) advises that Terrex Seismic has been awarded the contract to acquire 82 km2 of 3D seismic data over the Surprise structure in EP-115 in the Amadeus Basin, Northern Territory.
An additional 60 km of 2D seismic data is planned to be acquired in close proximity to the 3D grid to further define one structure similar to the salt diapir-induced anticline at Surprise.
An additional 132 km of 2D seismic data is planned to be acquired in the northern Pedirka Basin to confirm the Pellinor lead that involves a Warburton Basin play associated with interpreted carbonate reefal facies.
Line clearing at the Surprise location is scheduled to start in mid-April 2012, seismic acquisition in mid-May 2012 and processing of the 3D is expected to be completed by early August 2012.
About Central Petroleum Limited
Central Petroleum Limited (
ASX:CTP) is an established ASX-listed Australian oil and gas producer (ASX:CTP) with exploration and appraisal permits in the Northern Territory (NT). Central has grown to become the largest onshore gas operator in the NT, supplying residential and industrial customers in the NT and wider Australian east coast market.
Central is seeking to become a major domestic energy supplier, in addition to helium and naturally occurring hydrogen, with exploration, appraisal and development plans across 169,112 km2 of tenements the NT, including some of Australia's largest known onshore conventional gas prospects in the Amadeus Basin.
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