www.centralpetroleum.com.au
Central Petroleum (ASX: CTP) holds an extensive package of prospective acreage of over 270,000 km2 in central Australia, which is predominately in the Pedirka Basin, along with 25,000 km2 in the Southern Georgina Basin.
Apart from conventional gas potential, the company has had independent estimates of over 10,000 trillion cubic feet in UCG "syngas" prospective recoverable resources.
Central Petroleum in pre open pending release of preliminary results from Surprise 1 testing
Central Petroleum (ASX: CTP) has been granted a trading halt today pending the release of an announcement regarding preliminary results obtained from tests of the Surprise-1 re-entry H well, with the company's shares placed in pre-open.
The company was to flow test the well late last week to gain an understanding of the potential flow rate and prospectivity of the well.
Over 230 metres of horizontal drilling at Surprise met with continuous oil and gas shows in sandstone has been completed.
A gross vertical thickness of continuous oil shows of approximately 28 metres was encountered.
Central will remain in a trading halt until an announcement is made to the market or no later than the start of trading on Wednesday, January 11.


















