Central Petroleum Limited (ASX:CTP) Appointment of New Director - Timothy R Woodall

Brisbane, Dec 20, 2017 AEST (ABN Newswire) - Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) ("Company" or "Central") is pleased to advise a further appointment to the Central Board. Mr Timothy Woodall has agreed to join Central as a Non-Executive Director. Mr Woodall's appointment follows the appointment of Dr Sarah Ryan and Martin Kriewaldt and further compliments the current Board of Directors. Collectively with the already announced planned departure of Rob Hubbard in the first half of 2018 these appointments complete the commitment to renew the Central Board.

Mr Woodall's career in the oil and gas industry has traversed senior roles in investment banking, mergers and acquisitions, business development and leading one of Australia's most highly regarded technical consulting firms. Timothy is a Fellow of the Australian Society of Certified Practicing Accountants, Graduate of the Australian Institute of Company Directors and a director of FAR Limited.

Robert Hubbard, Chairman of Central said, "I am delighted to welcome Tim to Central. Tim has an envied reputation in the oil and gas industry and his recent experience with Miro and RISC will be very valuable to Central in the coming years".

To view a resume summary of Timothy Woodall, please visit:
http://abnnewswire.net/lnk/NJ84UXPZ


About Central Petroleum Limited

Central Petroleum Limited (ASX:CTP) is an oil and gas explorer and producer listed on the Australian Securities Exchange focused on supplying the domestic gas market. Central is advancing several separate projects across what is regarded as the biggest package of proven and prospective oil and gas acreage across central Australia. This spread of assets gives Central multiple options for growth and development. 88% of this land being gas prone has led to the Company's focus on becoming a major domestic gas producer.

 

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