Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CPTLF) is pleased to release the attached presentation which provides a detailed overview of its December 2019 Quarter.

The December 2019 quarter saw a strong performance from Central Petroleum Limited, with sales volumes up 6.7% on the previous quarter and sales revenue up 7.5%. Central also made significant progress on its growth strategy, certifying 2C gas resources at its new Range CSG project and announcing a multi-well exploration programme for 2020 in the Amadeus Basin.

The quarterly Operating Activities Report was released to ASX on 30 January and Central's CEO & Managing Director has now recorded a presentation which provides further detail and commentary on the Company's performance and prospects.

The video presentation can be viewed at:
http://www.abnnewswire.net/lnk/557ST0TZ

To view the slide presentation, please visit:
https://abnnewswire.net/lnk/761L48V2


About Central Petroleum Limited

Central Petroleum Limited (Central) is a well-established, and emerging ASX-listed Australian oil and gas producer (ASX:CTP). 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.

 

Contact

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



Link: DECEMBER 2019 QUARTERLY UPDATE


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