Blue Ocean Energy Day -26 March 2019
Latest Company Presentation
Brisbane, Mar 26, 2019 AEST (ABN Newswire) - Central Petroleum Limited (
ASX:CTP) provides the Company's latest presentation.
In summary
- Only oil and gas company with exploration and production in the NT
- Unique position to take advantage of the NGP and an attractive east coast gas market
- Significant increase in gas sales from existing assets generating free cash flow
- Opportunity through low cost conventional production and brownfield economics
- Solid financial position provides a foundation for growth
- 2 active free-carry exploration drilling programmes this year
- Significant underexplored gas-prone exploration portfolio across proven and prospective oil and gas acreage
"A unique opportunity to participate as a shareholder in an NT on-shore oil & gas producer in the early stages of transformative growth driven by the new NGP access to the significant and lucrative Australian east coast gas market"
To view the full presentation, please visit:
http://abnnewswire.net/lnk/T4TUHAP6
About Central Petroleum Limited
Central Petroleum Limited (
ASX:CTP) is an established ASX-listed Australian oil and gas producer (ASX:CTP) with exploration and appraisal permits in the Northern Territory (NT). Central has grown to become the largest onshore gas operator in the NT, supplying residential and industrial customers in the NT and wider Australian east coast market.
Central is seeking to become a major domestic energy supplier, in addition to helium and naturally occurring hydrogen, with exploration, appraisal and development plans across 169,112 km2 of tenements the NT, including some of Australia's largest known onshore conventional gas prospects in the Amadeus Basin.
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