Exploration

Central has acquired gravity data which have been integrated with magnetics, seismic data and outcrop geology to define additional traps in this vast and underexplored area. Additional seismic acquisition will be required to delineate several leads which have been identified. Future wells will test the proven lower Stairway Sandstone and Pacoota Sandstone as well as deeper targets.  The wells will also collect core, desorption and other laboratory data which will further develop the company’s knowledge with the aim to define a continuous resource, shale oil or shale gas according to maturity and other factors.