Central Petroleum Ltd.

Brisbane, Australia (ABN Newswire) - Central Petroleum Ltd. (ASX:CTP) Managing Director's letter strategy and share purchase plan. This November marks the coming together of our strategy adopted in the last quarter of 2013 to pivot the Company away from an anticipated softening in crude oil prices and towards exposure to a domestic gas market facing serious short supply. By April 2014 the Company had acquired the Palm [...]

Brisbane, Australia (ABN Newswire) - Central Petroleum Ltd. (ASX:CTP) is pleased to give eligible shareholders the opportunity to participate in the 2015 share purchase plan ("2015 SPP"), as announced to the market on 10 November 2015. The 2015 SPP will give eligible shareholders the opportunity to each apply for up to A$15,000 worth of ordinary shares. All Company directors who are eligible to participate intend to [...]

Brisbane, Australia (ABN Newswire) - Central Petroleum Ltd. (ASX:CTP) has agreed to place 55,307,843 shares at $0.19 per share with institutional investors in Australia and Hong Kong raising circa $10.5 million gross. The $0.19 issue price represents a 20.7% discount to the 5-day VWAP. Mindful of the support of our many retail shareholders, existing shareholders will also have an opportunity to participate in the capital [...]

Central Petroleum are pleased to provide the Chairman's Address to Shareholders at the Annual General Meeting. Chairman's Address: I take great pleasure in welcoming you to the Annual General Meeting of your company, Central Petroleum. This is my first shareholder meeting as your Chairman and I look forward to meeting with as many of you as possible today. Joining me is our Managing Director Richard Cottee and my fellow [...]

Brisbane, Australia (ABN Newswire) - Central Petroleum Ltd. (ASX:CTP) is pleased to release an updated corporate presentation to the market titled "It's Time... The Domestic Gas Company - NEGI is Now". Key messages covered within the presentation include: - Central has positioned itself as the major on-shore gas producer in the Northern Territory following the recent acquisitions of Palm Valley and Dingo gas fields [...]

Central Petroleum has entered into expression of interest negotiations ("EOI") with gas purchasers which, if converted into Gas Sales Agreements ("GSA"), would result in new firm gas sales of around 12 PJ per year for 10 years from FY 2018/19 into the Eastern Seaboard Domestic Gas Market. The gas supply EOIs include provision for tariffs to be charged by the Northern Territory gas pipeline interconnect (North East Gas [...]

Central Petroleum today announced that it has recently launched its new website incorporating the Company's new logo and colours. The previous website was an interim step whilst planning and development of the new website was underway. The launch of the new website is timely coinciding with the NEGI bids being submitted and incorporates many features including an interactive map of Central's various licence areas which [...]

Central Petroleum are pleased to provide the Company's Annual Report to shareholders, for the period ended 30 June 2015. Chairman's Letter: Dear Fellow Shareholder This is my first letter to you as Chairman of Central Petroleum and I look forward to seeing many of you at our upcoming AGM. The Annual Report is necessarily a scorecard for the past year and our operating and financial review draws out the many activities [...]

Brisbane, Australia (ABN Newswire) - Central Petroleum Ltd. (ASX:CTP) announced that the acquisition by Central of a 50% interest in the Mereenie Oil and Gas Field has been completed today and accordingly Central has assumed operatorship of that field from Santos. Mereenie is considered the largest conventional oil and gas structure discovered onshore Australia and together with reserves at Palm Valley and Dingo it [...]

Central Petroleum announced on 4 June 2015 that it had entered into an agreement with Santos to acquire a 50% interest in the Mereenie Oil & Gas Field, Amadeus Basin, Northern Territory and become the operator. The gas reserves and contingent resources for the Mereenie Oil & Gas Field were last externally audited by internationally recognised petroleum resource consultants Gaffney, Cline & Associates ("GCA") as of 31 [...]