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 9 May 2022, the Palm Valley 12 (PV12) well in OL3, Southwest of Alice Springs in the Northern Territory, had reached a depth of 1,103m at 0600 hrs ACST.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that on 2 May 2022, the Palm Valley 12 (PV12) well in OL3 had reached a depth of 820m at 0600 hrs ACST and is currently drilling ahead.