Central Petroleum Limited (ASX:CTP) Northern Territory Exploration Drilling Update

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that Ensign Rig 963 has been released from the Buru operations in the Canning Basin and is mobilising to Palm Valley. Spudding of the Palm Valley Deep well, the first in a two-well Amadeus basin exploration program, remains on schedule for late March 2022.


About Central Petroleum Limited

Central Petroleum Limited (Central) is an established ASX-listed Australian oil and gas producer (ASX:CTP) with exploration and appraisal permits in the Northern Territory (NT). Central has grown to become the largest onshore gas operator in the NT, supplying residential and industrial customers in the NT and wider Australian east coast market.

Central is seeking to become a major domestic energy supplier, in addition to helium and naturally occurring hydrogen, with exploration, appraisal and development plans across 169,112 km2 of tenements the NT, including some of Australia's largest known onshore conventional gas prospects in the Amadeus Basin.

 

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Central Petroleum Limited