Central Petroleum Limited Stock Market Press Releases and Company Profile
Developing Unconventional Gas Conference Presentation
Developing Unconventional Gas Conference Presentation

Brisbane, July 28, 2015 AEST (ABN Newswire) - Central Petroleum Limited (googlechartASX:CTP) are pleased to provide a company presentation titled 'Ready to Supply the Shortfall: The foundations are laid' at the Developing Unconventional Gas Conference July 2015.

Overview:

- When the NEGI pipeline is completed in 2019 the east coast Australian domestic gas market will be in short supply

- Central is an existing operator with gas resources across producing assets and their infrastructure and pipelines, and Australia's largest exploration portfolio

- Central aims to produce gas at $1/GJ, excluding operating costs. Unconventional gas is currently costing $4/GJ. East Coast competitors have pre-sold into LNG contracts at oil linked prices.

- Australia's LNG export industry requires gas far in excess of Australia's current production, creating an export option for Central Petroleum.

- Central is in JVs with Australian leader Santos and international major Total

- Central's MD and CEO Richard Cottee is a highly experienced Oil & Gas executive, who developed the Queensland Gas Company (QGC) and led the gas industry in Queensland

To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CTP-727623.pdf


About Central Petroleum Limited

Central Petroleum LimitedCentral Petroleum Limited (ASX:CTP) is a well-established, and emerging ASX-listed Australian oil and gas producer. In our short history, Central has grown to become the largest onshore gas producer in the Northern Territory (NT), supplying industrial customers and senior gas distributors in NT and the wider Australian east coast market.

Central is positioned to become a significant domestic energy supplier, with exploration and development plans across 180,000 km2 of tenements in Queensland and the Northern Territory, including some of Australia's largest known onshore conventional gas prospects. Central has also completed an MoU with Australian Gas Infrastructure Group (AGIG) to progress the proposed Amadeus to Moomba Gas Pipeline to a Final Investment Decision.

We are also seeking to develop the Range gas project, a new gas field located among proven CSG fields in the Surat Basin, Queensland with 135 PJ (net to Central) of development-pending 2C contingent resource.

abnnewswire.com 


Contact

Investor and Media Inquiries:
Greg Bourke: +61-478-318-702
Sarah Morgan: +61-421-664-969



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