Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) ("Company" or "Central") is pleased to advise a further appointment to the Central Board. Highly regarded oil and gas industry executive, Dr Sarah Ryan, has agreed to join Central as a Non-Executive Director. Dr Ryan's appointment follows the appointment of Martin Kriewaldt and further strengthens the current Board of Directors.

Dr Ryan's career has traversed senior roles in technical, commercial, investment and governance aspects of the oil and gas industry. Recently recognised as a Fellow of the Australian Academy of Technology and Engineering and a director of Woodside Petroleum Limited since 2012, Dr Ryan is exceptionally well credentialed.

Robert Hubbard, Chairman of Central said, "I am absolutely delighted that Sarah has accepted our invitation to join the Central Board. Dr Ryan brings a collection of skills and experiences that are rarely found in a single person and I am sure Sarah will make a very valuable contribution to Central achieving its strategic ambitions.".

"Dr Ryan's appointment is the second step in satisfying our commitment to shareholders to augment, expand and change the current board. I will look to make further comments on Board changes at the upcoming AGM".

To view the resume summary of Dr Sarah Ryan, please visit:
http://abnnewswire.net/lnk/6900AZ48


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: Appointment of New Director - Dr Sarah Ryan


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