Brisbane - On Thursday, 10 August 2017, Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLF) ("Company" or "Central") announced an institutional placement and a 5 for 12 non-renounceable pro-rata entitlement offer ("Entitlement Offer") to raise approximately $27.2 million before costs. In accordance with the timetable for the Entitlement Offer, Central confirms that the attached letters to eligible and ineligible shareholders will be despatched today.
To view Notices to Eligible and Ineligible Shareholders, please visit: http://abnnewswire.net/lnk/O35352Z5
About Central Petroleum Limited:
Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLF) is an oil and gas explorer and producer listed on the Australian Securities Exchange focused on supplying the domestic gas market. Central is advancing several separate projects across what is regarded as the biggest package of proven and prospective oil and gas acreage across central Australia. This spread of assets gives Central multiple options for growth and development. 88% of this land being gas prone has led to the Company's focus on becoming a major domestic gas producer.
Contact:
Central Petroleum Ltd. T: +61-7-3181-3800 F: +61-7-3181-3855 E: info@centralpetroleum.com.au www.centralpetroleum.com.au
Media Enquiries Martin Debelle at Citadel-MAGNUS T: +61-2-8234-0100 M: +61-409-911-189
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Brisbane - On Thursday, 10 August 2017, Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLF) ("Company" or "Central") announced an institutional placement and a 5 for 12 non-renounceable pro-rata entitlement offer ("Entitlement Offer") to raise approximately $27.2 million before costs. In accordance with the timetable for the Entitlement Offer, Central confirms that the attached letters to eligible and ineligible shareholders will be despatched today.
