Central Petroleum Limited Stock Market Press Releases and Company Profile
RL3 and RL4 Suspension of Year 1 Permit Commitments
RL3 and RL4 Suspension of Year 1 Permit Commitments

Brisbane, April 11, 2019 AEST (ABN Newswire) - Central Petroleum Limited (googlechartASX:CTP) ("Company" or "Central") today announced that it has received approval from the Northern Territory Department of Primary Industry and Resources (DPIR) for the suspension of Year 1 permit commitments (drilling of Ooraminna 3) for 12 months to March 2020 for RL3 and RL4.

RL3 and RL4 are located ~50 km southeast of Alice Springs in the Northern Territory and cover the Ooraminna Anticline (see Figure 1 in link below).

Currently Central is developing the drilling Environmental Management Plan (EMP) in line with guidelines from the Northern Territory Department of Environment and Natural Resources.

To view figures, please visit:
http://abnnewswire.net/lnk/1LSGY77B


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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