Central Petroleum Limited: Latest Company Presentation

Brisbane, Australia - Central Petroleum Ltd. (ASX:CTP) provides the Company's latest presentation.

What we've made possible -a big year

- Drilled West Mereenie26 & Palm Valley 13

- Refurbished & restarted Palm Valley gas field

- On-track to deliver facility expansion at Mereenie

- LTI free to date

Cutting edge drilling at PV13

- Reservoir section drilled underbalanced with air

- 1000m vertical section then kick-off into horizontal section

- 30,000 psi formation strength and extremely abrasive

- Sensitive regulatory and community landscape

- Remote & rugged terrain

- Flowed 13.6mmscfd on test

- Tie-in project underway

To view the full presentation, please visit:
http://abnnewswire.net/lnk/Z77CILG9

About Central Petroleum Limited:

Central Petroleum Ltd. (ASX:CTP) 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.

Source:

Central Petroleum Ltd.

Contact:

Central Petroleum Ltd. T: +61-7-3181-3800 F: +61-7-3181-3855 E: info@centralpetroleum.com.au WWW: www.centralpetroleum.com.au Media Enquiries Helen McCrombie at Citadel-MAGNUS T: +61-2-8234-0103 M: +61-411-756-248