Central Petroleum Ltd.

Central Petroleum Ltd. announces the appointment of Stuart Baker as a Non-Executive director, effective from 7 December 2018. Mr Baker has more than four decades of experience in the oil and gas sector and currently provides independent advice to corporates and investors in the Australian oil and gas industry. Previously he was Executive Director, Morgan Stanley with dual roles as Co-Head Asia Oil, Gas and Chemicals [...]

Central Petroleum Ltd. announces the appointment of Kathy Hirschfeld as a Non-Executive Director, effective from 7 December 2018. Ms Hirschfeld is a highly regarded non-executive director, having served on the Boards of a number of companies listed on the ASX, NZX and NYSE, as well as Government and private company boards. She is currently the Chairman of Powerlink, President of the UN Women National Committee Australia [...]

Central Petroleum Ltd. announces that its customer Incitec Pivot has advised Central that its Gas Sale Agreement with Incitec is now anticipated to commence between 29 December 2018 and 10 January 2019. These dates reflect when the Northern Gas Pipeline is anticipated to be ready for Commercial Operations. Central is currently selling commissioning gas to Jemena, and this is expected to ramp up as the date for NGP [...]

Central Petroleum Ltd. provides the Company's latest presentation. What we've made possible -a big year - Drilled West Mereenie26 & Palm Valley 13 - Refurbished & restarted Palm Valley gas field - On-track to deliver facility expansion at Mereenie - LTI free to date Cutting edge drilling at PV13 - Reservoir section drilled underbalanced with air - 1000m vertical section then kick-off into horizontal section - 30,000 psi [...]

Central Petroleum Ltd. provides the Company's Chairman Address to Shareholders. Fellow Shareholders, Ladies and Gentlemen Much has happened at Central since the AGM last year where shareholders did me the honour of electing me to the Board. The achievements of the last year to June are outlined in the Annual Report and I will not repeat them here, other than to underscore just how transformational they were - leading to [...]

Central Petroleum Ltd. announce that internationally recognised petroleum consultants Netherland, Sewell & Associates, Inc. have estimated net petroleum reserves and contingent resources for the 100% owned Palm Valley Field and Dingo Field, and for the 50% interest in the Mereenie Oil & Gas field , each operated by Central, as of 30th June 2018. Highlights Total Company oil and gas reserves and contingent resources have [...]

Central Petroleum Ltd. provides the Company's Quarterly Activities Report. HIGHLIGHTS - 2018 Annual Report was released on 28 September 2018 with sales revenue and underlying EBITDAX increasing by 41% and 395% respectively over the prior year. - Cash balance at the end of the quarter was $22.1 million and combined with undrawn debt facility remains sufficient to fund the anticipated costs of current activities. - WM26 was [...]

Central Petroleum Ltd. announces that Santos has completed the seismic works as part of the Southern Amadeus Stage 2 farmout through the acquisition of 1,337 line km in EP82, EP112 and EP125. Santos has elected to proceed to Stage 3 of the Southern Amadeus Farmout with Central by electing to drill a well in EP112 to earn a 70% participating interest in that permit. It is expected that Santos will drill the Dukas Prospect [...]

Central Petroleum Ltd. , as Operator and 100% owner of Palm Valley Gas Field, announces that the Palm Valley 13 well , as of 13 September 2018 at 09:00 Hrs Australian Central Standard Time, has ceased drilling and the Company has called an early Total Depth to the well after reaching 2,242 metres Measured Depth . Palm Valley 13 is an in-field appraisal well for the Palm Valley Gas Field located in the Amadeus Basin. The [...]

Central Petroleum Ltd. provides the Company's latest presentation. Key achievements - Increased FY18 gas sales by 46% while remaining focused on safe, reliable and responsible operations - Materially progressed 2 Facility Projects targeting a significant increase in gas production capacity to at least 41Tj/d by December 2018 - Contracted significant new gas supply commencing in December 2018 that will almost triple [...]