Central Petroleum Ltd. has been advised by Santos, the Operator of Amadeus Basin permit EP 125, that it plans to commence re-entry works to complete the evaluation (including logging) of the Mt Kitty 1 exploration well and plug and suspend the well to enable future use of the wellbore.
Central Petroleum announces that Mr Joseph Morfea has been appointed Joint Company Secretary effective 27 August 2014.As announced on 14 August 2014, Mr Morfea replaces Mr Bruce Elsholz, who stepped down as Joint Company Secretary ahead of Mr Elsholz's retirement on 30 November 2014, allowing a smooth transition prior to the Annual General Meeting.Mr Morfea also holds the position of Commercial Manager working [...]
Central Petroleum, advises that drilling of Whiteley-1 continues.Intermediate 8 1/2" Hole section was electronically logged and the 7" Intermediate casing run and set at a measured depth of 988m. As at 12:00 Hrs on 19 August 2014 the 6 1/8" Open hole measured depth is 1141m. Fluid losses were encountered in the 6 1/8" open hole section. A high viscosity lost circulation plug has been set across selected zones to cure the [...]
Central Petroleum provides the Latest Company Presentation. A short overview is produced below. Overview- Australia's domestic gas market facing supply shortfall in next 5 years- Golden opportunity for N.T. to be a 'key' supplier of domestic and east coast markets- Comparable to QLD's gas exploration boom displacing the PNG pipeline- Aggregated gas supplies include 'Gove provision' and [...]
Central Petroleum announces that Mr Bruce Elsholz, Chief Financial Officer and Joint Company Secretary, has advised the Company of his decision to retire on 30th November of this year. As a result of his decision the Company has decided to appoint Leon Devaney as Chief Financial Officer effective from the 1 st November 2014 after finalization of the 2004 Annual Report.Leon's present duties will be transferred to the [...]
Central Petroleum, advises that drilling of Whiteley-1 is proceeding to prognosis. As at 1500hrs today the measured depth is 991m. Intermediate 8 1/2" Hole section has been TD'd and the rig is preparing to electronically log the intermediate hole section prior to running the 7" Intermediate casing.Whiteley-1 is the first of a program of unconventional gas exploration wells operated by Central (via subsidiary Merlin [...]
Following the acquisition of the Palm Valley and Dingo Fields from Magellan, Central Petroleum prime focus has been to use these assets to become strategically relevant to the unfolding gas shortage on the eastern seaboard. In the quarter we were granted Production Licence 7 for the Dingo field and awarded the Pipeline Licence 30. This award signified the start of the construction phase of the Pipeline with site clearing [...]
Central Petroleum today announced that Santos has elected to proceed to Stage 2 of an amended Southern Amadeus Joint Venture with Central under terms that will allow the JV to give priority to spending on areas of highest prospectivity. It is expected that Santos will determine its position regarding further Mt Kitty testing and its commitment to the North West Mereenie joint venture by around the end of August.Central [...]
Central Petroleum today announced the Dingo Pipeline Licence No. 30 (PL30) had been agreed with the Northern Territory Department of Mines and Energy, which had previously granted Petroleum Production Licence L7.On 10 July 2014 the Department of Mines and Energy also approved the Dingo Gas Field Preliminary Field Development Plan and the Dingo Gas Field Preliminary Reservoir Management Plan.Authority to clear and grade [...]
Central Petroleum, advises that drilling commenced Sunday, 20 July 2014 at the Whiteley-1 unconventional gas exploration well in ATP912 of the Southern Georgina Basin (see map in link below).Whiteley-1 is the first of a program of unconventional gas exploration wells operated by Central (via subsidiary Merlin Energy Pty Ltd in partnership with international energy company Total) and is to be drilled using Enerdrill Rig [...]
Central Petroleum provides the presentation to the RBS Morgans Conference. The highlights of the presentation are reproduced below, and the full presentation is available via link below. - Oil & Gas Producer with Oil at Surprise and Gas at Palm Valley - Monthly Gas Sales in June earned over $0.5 Million in revenue- Monthly Crude Sales in June will earn around $0.8 Million in revenue- Southern Georgina JV Phase 1 Drilling [...]
Central Petroleum provides the latest company presentation. Below is an overview from the presentation.Overview - Oil & Gas Producer with Oil at Surprise and Gas at Palm Valley - Gas Sales in June earnt over $0.5 Million in revenue - Crude Sales in June will earn around $0.8 Million in revenue - Southern Georgina JV Phase 1 Drilling Programme commenced- Mt Kitty drilled but further work before completed - Negotiating with [...]
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