Central Petroleum Ltd.

Central Petroleum Ltd. is pleased to release the attached presentation which provides a detailed overview of its CY 2020 exploration programme as announced on 11th October 2019. For the benefit of all shareholders and interested parties, a video of this presentation by the Company's CEO & Managing Director, Mr Leon Devaney, and the General Manager - Exploration, Mr Duncan Lockhart, has been recorded. This video [...]

Central Petroleum Ltd. has over the past six months undertaken a comprehensive updated analysis of its exploration portfolio, using its recently augmented internal exploration capabilities and independent external verification. This strategic portfolio review is now complete, defining a CY2020 exploration programme that will reinvigorate exploration in Central's Amadeus Basin permits. Successful exploration results will [...]

Central Petroleum Ltd. has recorded a Statutory Net Loss after tax of $14.5 million for the year ended 30 June 2019. The statutory result was after expensing exploration costs of $15.8 million in accordance with the Company's accounting policy. This included costs associated with the Gas Acceleration Program completed in calendar year 2018, including the drilling of Palm Valley 13 which was successfully tied into [...]

Central Petroleum Ltd. advises that the CEO & Managing Director, Mr Leon Devaney, will hold Investor briefings in the following cities on the dates listed below. Perth - 5:00pm, Wednesday 11 September 2019 William Buck - Level 3, 15 Labouchere Road, South Perth. WA. Melbourne - 5:00pm, Thursday 12 September 2019 William Buck, Level 20, 181 William Street, Melbourne. Vic. Sydney - 5:00pm, Friday 13 September 2019 William [...]

Central Petroleum Ltd. today announced that Mr Martin Kriewaldt has resigned from the Board of Central Petroleum Ltd. and all its subsidiaries effective immediately. The Board has selected Mr Wrix Gasteen to serve as Interim Chairman while it undertakes a process to consider a new Director and to select Central's Chairman. The Board thanks Martin for the tireless effort and dedication he has shown in his capacity as [...]

Central Petroleum Ltd. provide the Latest Company Presentation. - Over 200,000km2 exploration portfolio in underexplored and producing basins - Active exploration at Dukas-1 - Drillable near-term prospects -quick and efficient to commercialise given existing infrastructure - medium-term targets to progress -less mature but high-reward upside - Both oil and gas targets are being pursued To view the presentation, please [...]

Central Petroleum Ltd. announces that a webinar presentation will be delivered by the Chief Executive Officer and Managing Director, Mr Leon Devaney, on Friday, 30 August 2019 commencing at 10:00am AEST to provide a Company update including the Dukas exploration programme, Project Range and the Quarterly Report for the quarter ended 30 June 2019. Participants wishing to join this webinar online will need to register using [...]

Central Petroleum Ltd. advises that NSAI has independently certified 270 PJs of 2C Contingent Resources of Walloons coal seam gas at Project Range in the Surat Basin, Queensland. NSAI is an internationally acclaimed and respected certifier for petroleum reserves and resources and has been conducting such evaluations in the Walloons CSG play for more than a decade. Their extensive database of coal properties for the region [...]

As recently announced by Central Petroleum Ltd., the Dukas-1 exploration well, located approximately 175km south west of Alice Springs, encountered formation pressures much higher than predicted at a depth of 3,704m. HIGHLIGHTS - Well to be suspended at 3,704m - Hydrocarbon-bearing gas circulated to surface provides strong evidence of a working petroleum system - Significant over-pressure just above the prognosed primary [...]

Central Petroleum Ltd. advises that Range 2, the fourth well in the Project Range exploration programme, has been successfully executed in line with the well plan. HIGHLIGHTS - Net coal thickness on prognosis and permeability in line with, or better than, expectations throughout the permit - Fifth exploration well not required to move forward with production pilot to mature the resource further - First booking of 2C [...]