Central Petroleum Announces Application in Pedirka Basin

- May 25th, 2010

Central Petroleum Limited (ASX:CTP) has announced that its wholly-owned subsidiary company, Merlin Coal Pty Ltd has made three new applications under the Mining Act of the Northern Territory.  The application covers 3,000 km2 in Pedirka Basin in central Australia.
John Heugh, Central’s Managing Director is quoted saying:
“Publically released results of the 2009-2010 coal seam gas (CSG) […]

Central Petroleum Limited (ASX:CTP) has announced that its wholly-owned subsidiary company, Merlin Coal Pty Ltd has made three new applications under the Mining Act of the Northern Territory.  The application covers 3,000 km2 in Pedirka Basin in central Australia.

John Heugh, Central’s Managing Director is quoted saying:

“Publically released results of the 2009-2010 coal seam gas (CSG) drilling programme within Central‚s Petroleum Act permits in the Pedirka Basin have provided some really interesting results in terms of the thicknesses and disposition of coal seams encountered.”

Click here to access the entire Press Release

Get the latest Coal Investing stock information

Get the latest information about companies associated with Coal Investing Delivered directly to your inbox.

Coal Investing

Tags

Tags:

Leave a Reply