Today, The Honourable Dr Anthony Lynham MP announced that Central Petroleum wholly owned subsidiary Central Petroleum Eastern Pty Ltd was the preferred bidder for the Queensland Government's tender for acreage dedicated to domestic market. Please see map at Attachment 1 . Central applied for the acreage by partnering with Incitec Pivot Limited a manufacturer of fertilisers and industrial chemicals, and significant [...]
The Directors present their report on the consolidated entity consisting of Central Petroleum and the entities it controlled at the end of, or during, the half-year ended 31 December 2017. Principal Activity The principal continuing activity of the consolidated entity during the period was the exploration, development and production of hydrocarbons. Highlights for the half-year reporting period and up to the date of this [...]
Central Petroleum announces that a webinar presentation will be delivered by the Managing Director, Mr Richard Cottee, on Thursday, 8 February 2018 commencing at 4:00pm AEST to discuss the Quarterly Report for the quarter ended 31 December 2017. Participants wishing to attend this webinar will need to register using the following. To view the presentation, please visit: http://abnnewswire.net/lnk/755II6U5 About Central [...]
As foreshadowed in the recent quarterly report, Central Petroleum has contracted with Ensign Australia Pty Ltd to use its presently mothballed Rig 932 for a forthcoming drilling programme of up to four wells. Central has structured the commercial arrangements on the basis that only two wells need to be drilled, for example, Palm Valley and Ooraminna with an option of another two wells at Mereenie. Joint Venture approval [...]
Central Petroleum provides the Company's Quarterly Activities Report For the Quarter ended 31 December, 2017. HIGHLIGHTS - A webinar presentation was held by the Managing Director on 9 October 2017 to discuss the Annual Report for the year ended 30 June 2017. - Testing of the Stairway Sandstone at Mereenie from the previously drilled West Mereenie 15continues free flowing gas at sustainable rates with a low nitrogen [...]
Central Petroleum 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 [...]
Central Petroleum provides the Company's latest presentation. OVERVIEW - - East Coast Gas supply remains short and uncertain from 2018, despite government intervention - Industrial demand shortfall - New gas supplies will take 5 years after exploration restrictions/moratoriums are lifted - Central has gas for delivery from Q4 2018 when NGP is commissioned CENTRAL PERFECTLY POSITIONED - In 2013, Central Petroleum publicly [...]
Central Petroleum provides the Chairman's Address and Managing Director's Presentation to Shareholders at 2017 Annual General Meeting. Introduction You will be surprised to hear me say, last year was a good year for Central Petroleum. In addition, we are now well positioned to answer many of the questions that have occupied shareholders minds in recent years. How can I say this when, from a corporate perspective, our year [...]
Playing a fundamental role in a suite of iconic Australian projects, UQ-trained lawyer and company makeover specialist Richard Cottee is most famous for pioneering Queensland Gas Company's five-year, $5.7 billion transformation. Now settling into his fifth year as MD of Central Petroleum , Cottee has again been excelling, despite a massive low-price headwind, political interventions and an investment drought. Central [...]
Central Petroleum provides the Company's latest presentation titled "Closing the Gap ". OPERATIONAL UPDATE Consideration: Stairway Testing programme Update: - Continued through 2017: o West Mereenie 15 free flowing gas from Stairway at sustainable rates with a low nitrogen content of 2.6% o Palm Valley natural fracture modelling underway Consideration: Dingo Upgrade -TEG Update: - TEG unit being ordered in time as part of [...]
Brisbane, Australia (ABN Newswire) - Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLF) provide the Company's Quarterly Activities and Cashflow Report. HIGHLIGHTS - A General Meeting of Shareholders was held on 19 July 2017 in accordance with a 249D noticereceived by the Company to vote on the removal of three incumbent non-executive directors andappointment of three new directors with all resolutions being voted down [...]
Central Petroleum is pleased to advise a further appointment to the Central Board. Highly regarded oil and gas industry executive, Dr Sarah Ryan, has agreed to join Central as a Non-Executive Director. Dr Ryan's appointment follows the appointment of Martin Kriewaldt and further strengthens the current Board of Directors. Dr Ryan's career has traversed senior roles in technical, commercial, investment and governance [...]
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