Central Petroleum Limited Stock Market Press Releases and Company Profile

Blue Ocean Energy Day -26 March 2019

Latest Company Presentation
Latest Company Presentation

Brisbane, Mar 26, 2019 AEST (ABN Newswire) - Central Petroleum Limited (googlechartASX:CTP) provides the Company's latest presentation.

In summary

- Only oil and gas company with exploration and production in the NT

- Unique position to take advantage of the NGP and an attractive east coast gas market

- Significant increase in gas sales from existing assets generating free cash flow

- Opportunity through low cost conventional production and brownfield economics

- Solid financial position provides a foundation for growth

- 2 active free-carry exploration drilling programmes this year

- Significant underexplored gas-prone exploration portfolio across proven and prospective oil and gas acreage

"A unique opportunity to participate as a shareholder in an NT on-shore oil & gas producer in the early stages of transformative growth driven by the new NGP access to the significant and lucrative Australian east coast gas market"

To view the full presentation, please visit:
http://abnnewswire.net/lnk/T4TUHAP6

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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