Central Petroleum Limited Stock Market Press Releases and Company Profile
Appointment of New Director - Timothy R Woodall
Appointment of New Director - Timothy R Woodall

Brisbane, Dec 20, 2017 AEST (ABN Newswire) - Central Petroleum Limited (googlechartASX:CTP) (googlechartCPTLF:OTCMKTS) ("Company" or "Central") is pleased to advise a further appointment to the Central Board. Mr Timothy Woodall has agreed to join Central as a Non-Executive Director. Mr Woodall's appointment follows the appointment of Dr Sarah Ryan and Martin Kriewaldt and further compliments the current Board of Directors. Collectively with the already announced planned departure of Rob Hubbard in the first half of 2018 these appointments complete the commitment to renew the Central Board.

Mr Woodall's career in the oil and gas industry has traversed senior roles in investment banking, mergers and acquisitions, business development and leading one of Australia's most highly regarded technical consulting firms. Timothy is a Fellow of the Australian Society of Certified Practicing Accountants, Graduate of the Australian Institute of Company Directors and a director of FAR Limited.

Robert Hubbard, Chairman of Central said, "I am delighted to welcome Tim to Central. Tim has an envied reputation in the oil and gas industry and his recent experience with Miro and RISC will be very valuable to Central in the coming years".

To view a resume summary of Timothy Woodall, please visit:
http://abnnewswire.net/lnk/NJ84UXPZ


About Central Petroleum Limited

Central Petroleum LimitedCentral 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.

abnnewswire.com 


Contact

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



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