Dingo Gas Pipeline & Plant - Project Update
Brisbane, Mar 9, 2015 AEST (ABN Newswire) - Central Petroleum Limited (
ASX:CTP) (CPTLF:OTCMKTS) today announced the pressure testing (hydro-testing) of the Dingo Pipeline and the plant and field gathering system has been successfully completed.
The pipeline will now be filled with natural gas and pressured up. This marks the completion of the mechanical portion of the project with electrical and instrumentation near completion.
Commissioning of the pipeline and plant is expected to be completed within two weeks, at which stage we expect to receive regulatory approval to operate.
About Central Petroleum Limited
Central 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.
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