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  #1  
Old 05-16-2011, 02:26 AM
Sparty Sparty is offline
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Default CTP: onshore hydrocarbon assets are half the size of Texas

Central Petroleum: New resource lifts aspirations (pdf download)


Q. When is an Australian junior not a junior?



A. When its onshore hydrocarbon assets are half the size of Texas


At times the Australian share market is a bewildering place.


CTP is an emerging giant... mostly unloved and barely covered by Australia's analysts... But what a lovely investment opportunity awaits those with just a little foresight.... Anyway don't listen to me.... have a read of this article written by ResourceStocks.


I hold CTP

 

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  #2  
Old 06-23-2011, 01:52 PM
ravishankaray
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Default Central Petroleum

Since Sparty has shown interest in central Petroleum for a while now and has written about the co. a number of times, the time has nearly arrived for CTP to blossom, IMO.
Today, 23/6/11, there is a trading halt in anticipation of an announcement of a Joint Venture involving tenements in the NT and SA.
We do not know, at this stage, who the company involved, is, but will not have long to wait for, hopefully, good news that will allow CTP to start reaping the rewards of holding tenements of huge magnitude, that contain coal, oil, conventional and unconventional gas, (shale gas and oil), helium and minerals.
Hopefully, there will not be a capital raising to follow, but with a bit of luck, the Co. involved will pay for most of the exploration and development in areas agreed upon.

RAVI

 

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  #3  
Old 06-27-2011, 09:32 AM
Sparty Sparty is offline
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Default CTP's plans for oil independent Australia

If you haven't read the announcement here is the link.... Just a couple of excerpts to whet your appetites...

JOINT MEDIA RELEASE
World Class Clean Fuel Production Project in Central Australia
Central Petroleum Limited (CTP - ASX listed) and Allied Resource Partners Pty Ltd (ARP) have today signed an agreement that works towards the establishment of a significant new Clean Fuel Production Project in the Pedirka Basin in Central Australia.
The Project is underpinned by CTP?s recent discovery of a very large coal field in the Pedirka Basin, in south east Northern Territory and northern South Australia, which is estimated to contain a coal exploration target of thousands of billions of tonnes.

The $7.5billion Pedirka Basin Clean Fuel Production Project intends to:
Use Underground Coal Gasification (UCG) and Gas to Liquids (GTL) technologies to unlock energy from the vast ?stranded? coal deposits of the Pedirka Basin in the arid Simpson Desert; Convert these underground coal resources into environmentally friendly, ultra clean liquid fuels; Enable carbon capture and permanent underground storage (sequestering) of CO2;
Create an economically and environmentally sustainable industry in Central Australia; generating infrastructure, investment, jobs, skills and economic growth; Support the development of long term revenue streams and Foundation programs in health, education, employment and training for local Indigenous communities; and Help secure Australia?s energy supply, with the potential to generate significant export revenue.

The Project, if successful as envisaged, will help Australia become self-sufficient in liquid transport fuels, a National security imperative; Australia could indeed become an exporter of liquid fuels. Australia?s proximity to Asia lowers transportation costs and our location outside the Middle East reduces political risk. These advantages along with the ultra-clean nature of the product ensure sales prices achieved should be at a premium to benchmark prices for finished petroleum products such as diesel and jet fuel.

ARP is a developer of resource assets. They utilise their specialised and experienced team to identify lucrative environmentally sound projects, helping modest sized companies manage the financial and technical aspects of the project in partnership with various domestic and international resource project funders to the benefit of asset owners.

Allied Resource Partners puts the myriad of consultants, suppliers and intermediaries under one roof ? allowing their client to deal with a single, well- resourced partner. This drastically reduces the project risk and margin leakage. One Partner, One Pricing Structure. ARP has aligned interests with their clients.

If you want to get a quick overview of the techniques that will be used visit http://www.ucg-gtl.com

 

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  #4  
Old 06-29-2011, 12:51 AM
Sparty Sparty is offline
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Default CTP 400km of coal strike in one field :)

http://www.australian-shares.com/for...est-coal-field

 

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