Central Petroleum Ltd.

Central Petroleum Ltd. has provided the Quarterly Activities Report. Activities Report Highlights: - Letter of Intent secured for long term gas supply, which, subject to execution of a binding Gas Sale Agreement, will see Central supply up to 25.5 PJ of gas through to the end of 2034 and underwrite the drilling of four new wells at Mereenie and Palm Valley later this year. - New Gas Sales Agreement: Central secured a new [...]

Central Petroleum Ltd. advised it has completed the acquisition from ADZ Energy of interests in the highly prospective conventional exploration permits in the onshore Otway and Cooper Basins. ADZ is the operator of these tenements. Multi-well exploration program to start this year with Enterprise North Central and ADZ are planning to drill at least three exploration wells across the tenements over the next 18 months [...]

Central Petroleum Ltd. refers to its ASX announcement "Strategic expansion into the Cooper and Otway" dated 22 December 2025 and advises that the transaction with ADZ Energy referred to in that announcement has become unconditional following all conditions precedent being satisfied. The transaction is scheduled to formally complete on 23 January 2026. About Central Petroleum Limited: Central Petroleum Limited is an [...]

Central Petroleum Ltd. announced the appointment of Mr Joel Riddle as a director of the Company effective 12 January 2026. Central's Chair, Agu Kantsler said, "After completing a formal search process I am pleased to welcome Joel Riddle to the Board of Central. Joel joins Central with over 28 years of upstream E&P experience in the U.S. Gulf of Mexico, deepwater Indonesia and West Africa, and onshore Australia. Most [...]

Central Petroleum Ltd. has entered into binding Sale and Purchase Agreements with ADZ Energy to secure a strategic multi-basin expansion into highly prospective conventional exploration permits in the onshore Otway and Cooper Basins. The transaction involves three to four near-term exploration wells planned for drilling over 2026 and early 2027, along with significant ongoing growth opportunities through other oil and gas [...]

Central Petroleum Ltd. advised that after consultation with Georgina Energy Plc , the recently announced sale of Central's interest in several sub-salt exploration permits in the Northern Territory has been amended to exclude EP82 resulting in Central retaining ownership of subsidiary, Helium Australia Pty Ltd . EP82 is one of three sub-salt exploration permits in the Northern Territory's Amadeus Basin which are subject [...]

Central Petroleum Ltd. and its Mereenie and Palm Valley Joint Venture partners have entered into a binding Letter of Intent with the Northern Territory's Power and Water Corporation to: i) support the immediate commencement of early works for an accelerated drilling program for four new wells; and ii) promptly document and execute gas supply agreements consistent with conditional gas supply term sheets that will see [...]

The past twelve months have provided clear evidence that the deliberate actions taken by the Board and Management of Central Petroleum Ltd. in recent years are beginning to deliver tangible results for our company and shareholders, and I would like to acknowledge my predecessor, Mick McCormack, for his role in helping to stabilise the company's fortunes. Mick planned to join us today, however, he was unable to make it and [...]

Central Petroleum Ltd. announced that it has entered into a conditional sale and purchase agreement to sell its interests in the three Northern Territory sub-salt exploration permits - EP82, EP112 and EP125 - to Georgina Energy Plc in consideration for a 25% equity interest in Georgina. Prior to completion of the transaction, Georgina must undertake an equity raise of at least GBP GBP7 million in order to fully fund its [...]

Central Petroleum Ltd. announced the Activities Report for the September quarter 2025. - Sales volumes of 1.1 PJe were 4.5% lower than the June quarter, reflecting lower seasonal demand, temporary pipeline pressure restrictions and partial oil offtake constraints. - Unit sales prices: the average realised delivered price across the portfolio was $10.15 / GJe for the September quarter, 28% higher than the same quarter last [...]