Central Petroleum Limited Clarification of Media Speculation

16.04.2012  |  ABN Newswire

12:25 AEST Apr 16, 2012 ABN Newswire (C) 2004-2012 Asia Business News PL. All Rights Reserved.

Perth, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) has become aware of certain press speculation in which Hess Corp (NYSE:HES) is stated to be a preferred farm-in partner for the Company.

Hess Corp is a large internationally recognised oil & gas company with interests onshore Australia, however, the Company currently has no preferred farmin partners.

Any farm-ins which the Company may consider will take into consideration, among other things, the terms of the farm-in offered and the financial and other capabilities of the potential farminee.


About Central Petroleum Limited:

Central Petroleum (ASX:CTP) is an ASX listed junior exploration and production company operating what is regarded as the biggest package of prospective acreage in Australia.



Contact:

Central Petroleum Limited
T: +618-9474-1444
F: +618-9474-1555
WWW: www.centralpetroleum.com.au