Latest Company Presentation
Brisbane, Sep 12, 2018 AEST (ABN Newswire) - Central Petroleum Limited (ASX:CTP) provides the Company's latest presentation at RIU Good Oil Conference.
Our Company
- ASX Listed ("CTP") with a current market cap. circa $75 million
- Focus on onshore gas E&P in central and eastern Australia
- Operator of the only producing onshore oil and gas fields in the Northern Territory (NT) and our operating fields generate strong positive operating cashflows
- Current reserves
----------------------------------------------------------------Reserves* Unit 1P 2P 2C----------------------------------------------------------------Gas PJ 81.03 122.90 143.60Oil MMBBL 0.37 0.38 0.10 ----------------------------------------------------------------
* Net to Central Petroleum as at 30 June 2018 after deducting FY18 production
- NT exploration permits cover 228,740 km2, most of which is gas prone and underexplored
- Recently granted ATP2031 in Queensland's Surat Basin (CSG) covering 77km2 north-west of the town of Miles and adjacent to QGC and Arrow planned development areas
Headline strategy
- Maximise gas available for the Northern Gas Pipeline (NGP) through our Gas Acceleration Programme (GAP)
- Take advantage of exploration, development and M&A opportunities in the NT and east coast Australia
- Accelerate exploration of newly awarded Surat Basin CSG acreage
- Leverage our capability in exploration, development and operations to create value in new assets
To view the full presentation, please visit:
http://abnnewswire.net/lnk/4LL3GK99
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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