Central Petroleum Ltd (ASX:CTP) 30 day production testing of the Stairway Sandstone at Mereenie (operated by Central Petroleum in a joint venture with Santos) free flowed at an average of 1.5 million cubic feet per day (approximately 1.5 TJ/d). The 30 day production testing at the previously drilled West Mereenie-15 (WM15) finished on 22 June 2016.
Central Petroleum Limited
Central Petroleum Limited (ASX:CTP) is an ASX listed junior exploration and production company operating the largest holding of prospective onshore acreage in Australia totalling over 270,000 km2, c.70 million acres. This acreage includes permits already awarded and acreage under application with 250,000 km2 under the Petroleum Acts and 20,000 km2 under the Mining Acts mainly in the Northern Territory with smaller holdings in Western Australia, South Australia and Queensland.
Central Petroleum Limited (ASX:CTP) Makes Final $10 Million Mereenie Acquisition Payment to Santos Ltd (ASX:STO)
Central Petroleum Limited (ASX:CTP) today announced that the final payment of $10 million for Central's 50 percent interest in the Mereenie Oil and Gas Field was made to Santos Limited (ASX:STO).
Central Petroleum Limited ("Central") (ASX:CTP) (OTCMKTS:CPTLF) today signed a "Gas Sales and Prepayment Agreement" ("GSPA") with Macquarie Bank Limited ("MBL").
Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) are pleased to provide the Company's Quarterly Activities Report for March 2016.
Since the beginning of 2014, Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) ("the Company" or "Central") has embarked on a strategy to capitalise on the rising domestic gas price in the eastern seaboard as a safe harbour from the then anticipated fall in crude price.
Central Petroleum Limited (ASX:CTP) Directors present their report on the consolidated entity consisting of Central Petroleum Limited and the entities it controlled at the end of, or during, the half-year ended 31 December 2015.
Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) announces that Netherland, Sewell and Associates, Inc. has certified the results of Stage 1 of Central's Reserve Upgrade Programme. This certification results in a 240% increase in Proved reserves to 62PJ and a 22% increase in the Proved and Probable reserves to 75PJas announced on 6 August 2015.
Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) announce that the Northern Gas Pipeline ("NGP" - formerly called "NEGI") has been awarded to Jemena and the Final Investment Decision ("FID") has occurred.
Central Petroleum Limited (ASX:CTP) announce the Quarterly Activities Report & Appendix 5B for the period ending December 2015.
Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) today announced that the physical tie-in to the Owen Springs Power Station by the customer is being commissioned and Dingo gas has therefore passed the Delivery Point under the Gas Supply and Purchase Agreement (GSPA).