Central Petroleum is pleased to provide the Company's Quarterly Activities Report for the quarter ended 31 March 2017. HIGHLIGHTS - On 10 March 2017, the Board of Directors of Central announced it has unanimously recommended an improved proposal from Macquarie MPVD Pty Limited ("Macquarie MPVD"), a subsidiary of Macquarie Group, to acquire 100% of the issued capital of Central by way of a Scheme of Arrangement in [...]
Central Petroleum today announces a Gas Supply Agreement has been signed for the delivery of 9.85PJ of gas over five years to the Northern Territory Pine Creek Power Station operated by EDL NGD (NT) Pty Ltd. Under the GSA, Central as operator has the right to supply gas from Mereenie, Dingo or Palm Valley, and is structured as a delivered $AUD fixed price gas supply contract (subject to escalation based on CPI). The start [...]
The Directors present their report on the consolidated entity consisting of Central Petroleum and the entities it controlled at the end of, or during, the half-year ended 31 December 2016. Principal Activity The principal continuing activity of the consolidated entity ("the Group") during the period was the exploration, development and production of hydrocarbons. Highlights for the half-year reporting period and up to [...]
Central Petroleum is pleased to provide the Company's Quarterly Activities Report & Appendix 5B for the period ended 31 December, 2016. HIGHLIGHTS - The 2016 Annual General Meeting (AGM) was held on 9 November 2016 with all resolutionsoverwhelmingly passed by Shareholders. - On 10 November 2016, the Company received an unsolicited, indicative and non-binding proposal from Macquarie to acquire 100% of the issued capital [...]
The Board wishes to update shareholders on the Central Petroleum's corporate and commercial position. As previously announced, the Company recently received an indicative non-binding takeover proposal from Macquarie SCT Pty Ltd, an entity of Macquarie Bank, which the Board rejected as being not in the interests of shareholders. Macquarie is now conducting Due Diligence, with a view to considering another proposal. This [...]
Central Petroleum announces that Santos has commenced the first part of its seismic acquisition programme by acquiring over 1,000km of 2D seismic as part of fulfilling the Southern Amadeus Stage 2 farmout obligation of 1,300km. The aim of the first part of the programme is to mature the Dukas and Mahler drill targets being prospective for natural gas and helium and gather data for the Rossini lead, each detailed on the [...]
Central Petroleum is pleased to provide the company's Managing Director's Presentation at 2016 AGM. The NGP is being built - Jemena is constructing and is contractually committed to build a 622km pipeline linking the NT to the east coast market at a cost of around $800M - A 12-inch pipeline has been selected, initially capable of 90TJ/d (potential to increase capacity up to 160TJ/d with compression) - Work has begun [...]
Central Petroleum is pleased to provide the company's Chairman's Address at 2016 AGM of Shareholders. Today Central is the largest onshore producer of hydrocarbons in the Northern Territory, an objective that would have seemed fanciful only a few years ago. This has been achieved despite weak markets through foresight, creative thinking and hard work. This is the first year where Central has operated the Palm Valley [...]
Central Petroleum is pleased to provide the company's Quarterly Activities Report & Appendix 5B for the period ended 30th September 2016. HIGHLIGHTS - The Council of Australian Governments ("COAG") Energy Council met on 19 August 2016 with Ministers agreeing on a package of measures designed to deliver better functioning and competitive energy markets. As a result, a Gas Market Reform Group led by Dr Michael Vertigan AC [...]
Central Petroleum is pleased to provide its CPSA Roadshow Presentation held in October 2016. The NGP is being built - Jemena is constructing and is contractually committed to build a 622km pipeline linking the NT to the east coast market at a cost of around $800M - A 12-inch pipeline has been selected, initially capable of 90TJ/d(potential to increase capacity up to 160TJ/d with compression) - Work has begun on the [...]
Brisbane, Australia (ABN Newswire) - Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLF) ("Company" or "Central") advises that the Managing Director, Mr Richard Cottee, will be holding open shareholder briefings in the following cities on the dates below. Melbourne - 5:00pm, Monday 24 October 2016 William Buck, Level 20, 181 William Street, Melbourne. Vic. Sydney - 5:00pm, Thursday 27 October 2016 Paterson Securities [...]
Central Petroleum directors present their report on the consolidated entity, consisting of Central Petroleum and the entities it controlled at the end of, or during, the year ended 30 June 2016. PRINCIPAL ACTIVITIES The principal activities of the Consolidated Entity constituting Central Petroleum and the entities it controls consists of development, production, processing and marketing of hydrocarbons and associated [...]