Central Petroleum Limited (ASX:CTP) ("Company" or "Central") as operator of the Mereenie Joint Venture announces that conductors and surface casing were successfully run and cemented to a depth of 544.8 metres in the West Mereenie 26 (WM26) well.
At 09:00 hours (NT time) today, the well reached a measured depth of 916 metres MD and is directionally drilling ahead. It has another 518 metres to go before it reaches the target Stairway Sandstone. The 6 1/8" under balanced air and mist drilling of the Stairway horizontal hole section will commence immediately after this point.
Central Petroleum Limited T: +61-7-3181-3800 F: +61-7-3181-3855 E: firstname.lastname@example.org WWW: www.centralpetroleum.com.au Media Enquiries Martin Debelle at Citadel-MAGNUS T: +61-2-8234-0100 M: +61-409-911-189
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