CTP 3.92% 5.3¢ central petroleum limited

Stage-Gated Play analysis may have identified unconventional...

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    Stage-Gated Play analysis may have identified unconventional prospects over CTP ground. If MSMN analysis, of EP145 near Meree, is confirmed by geologic data from Dukas Mereenie may be prominent candidate for unconventional resources. CTP has unconventional prospects in several areas already known. Previous Chairs avoidance of unconventional resources may have been factor in his resignation ? New fracking technolgy arms CTP with Green credentials when fracking is embraced organisationally. E-frac, electric fracking powered by natural gas, replaces diesel fuel in process. E-frac lowers costs by US$200000 - $350000 per well, reduces air pollution, is quiter to use. E-frac fleets are mobile collections of high-pressure pumps powered by gas turbine generators. At E-frac sites crew don't wear hearing protection, people have casual conversations while machinery operates, and towering silos of frac sand gleem in the sun free from familiar black staining form diesel engines. E-frac empowers CTP, environmental, social, governance attractiveness to investors. When Santos imports 15000 psi rig for Duakas it may also import E-frac to Australia making it Australias envornmentally pre-eminent fracker ?
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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