Central Petroleum Limited Mobilises Drill Rig for Mt Kitty to Commence Operations in March

20.03.2014  |  ABN Newswire

Brisbane, Australia (ABN Newswire) - Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLF) ("Company") has been advised by Santos, as the Operator of EP125 (Northern Territory), that the Ensign 918 rig has mobilised and is anticipated to recommence drilling operations at the Mt Kitty-1 well location in the Amadeus Basin on around 24 March 2014.

As previously advised to the market the top hole of this exploration well was drilled with a shallow capacity rig to a depth of around 785m KB. Planned total depth of the well is around 1,550m subsea (2,030m KB).

The Company will advise the market of any well results of a material nature.


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 Ltd.
Richard Cottee, Managing Director
TEL: +61-7-3181-3800

Media enquiries:
Martin Debelle, Citadel
TEL: +61-2-9290-3033
Mobile: +61-409-911-189