Latest Company Presentation
Brisbane, Sep 15, 2016 AEST (ABN Newswire) - Central Petroleum Limited (ASX:CTP) (CPTLF:OTCMKTS) ("Central") is an oil and gas explorer and producer with technical expertise over the on-shore basins of Central Australia.
Central's Core Objectives:
- Continue to develop technical excellence in Central Australia's oil and gas basins
- Create markets to unlock Central Australia's vast on-shore energy potential
- Making a positive difference in the communities where we operate
Central at a Glance.
Central's Asset Portfolio:
2 major Exploration Joint Ventures:
- Total
- Santos
~$340M over three phases
Over 50% of our exploration acreage is held on a 100% basis -Prime gas exploration potential near infrastructure and the AGP & NGP pipelines
Over 75% of current revenue under long-term fixed price gas contracts.
Seeking new sales into the Northern Territory and the East Coast gas markets.
To view the company presentation, please visit:
http://abnnewswire.net/lnk/INOX6C41
About Central Petroleum Limited
Central 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.
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