Central Petroleum Limited Stock Market Press Releases and Company Profile
Latest Company Presentation
Latest Company Presentation

Brisbane, Mar 21, 2018 AEST (ABN Newswire) - Central Petroleum Limited (googlechartASX:CTP) (googlechartCPTLF:OTCMKTS) provides the Company's latest Presentation at 2018 ROCK ME AMADEUS Roadshow.

HIGHLIGHTS

- MEREENIE

o Drilling West Mereenie-26

o $12M plant upgrade

- PALM VALLEY

o Drilling Palm Valley-13

o 5 TJ/d existing plant capacity

- OORAMINNA

o Drilling Ooraminna-3 to determine deliverability

- BREWER ESTATE AND DINGO

o Remote operation

o Plant upgrade to 5.5 TJ/d

o 4.4 TJ/d existing sales

- DRILLING PROGRAMME

o Aim to triple reserves over time by accessing Stairway Formation at Mereenie and natural fractures at Palm Valley

- QUEENSLAND ACREAGE

DELIVERING NEW QUEENSLAND ACREAGE - ATPA 2031

- 77 km2 coal seam gas acreage awarded on 1 March 2018 by the Queensland Government for Australian domestic gas supply

- ATPA 2031 is located midway between Miles and Wandoan in the eastern Surat Basin

- The permit lies within the north-eastern Walloon Fairway, surrounded by acreage held by QGC, Arrow and APLNG and comprises one (1) graticular block

- Estimate of 377 PJ of Original Gas In Place* of which 150- 180 PJ potentially recoverable

- CTP's four year programme comprises 9 wells and at least one (1) production test pilot totalling ~$20 million

* Estimate by Queensland Government as part of the tender process

To view the full presentation, please visit:
http://abnnewswire.net/lnk/SV6B3L2T


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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