Brisbane, Australia (ABN Newswire) - Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLY) ("Company" or "Central") 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 has been granted and site works have commenced.
"The commencement of the site works for this strategic pipeline is a major milestone and signifies the start of Central being a significant player in the NT gas market," said Central Petroleum Managing Director, Richard Cottee.
About Central Petroleum Limited:
Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLY) is an ASX listed junior exploration and production company operating the largest holding of prospective onshore acreage in Australia totalling over 270,000 km2, c.70 million acres. This acreage includes permits already awarded and acreage under application with 250,000 km2 under the Petroleum Acts and 20,000 km2 under the Mining Acts mainly in the Northern Territory with smaller holdings in Western Australia, South Australia and Queensland.
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Brisbane, Australia (ABN Newswire) - Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLY) ("Company" or "Central") 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.
