Central Petroleum Limited Latest Company Presentation

18.08.2014  |  ABN Newswire

Brisbane, Australia (ABN Newswire) - Central Petroleum Ltd. (ASX:CTP) (OTCMKTS:CPTLY) provides the Latest Company Presentation. A short overview is produced below.


Overview

- Australia's domestic gas market facing supply shortfall in next 5 years

- Golden opportunity for N.T. to be a 'key' supplier of domestic and east coast markets

- Comparable to QLD's gas exploration boom displacing the PNG pipeline

- Aggregated gas supplies include 'Gove provision' and existing on- and offshore reserves to underpin N.T. - East Coast pipeline for domestic market

- Price signals and open markets will drive exploration and supply, creating Gas Revolution for N.T. Requires Government endorsement.

- Central can be a major player in the solution through targeting 200 PJs available reserves for sale into the inter-connected domestic market

- Local communities and Traditional Owners would benefit from N.T. gas industry through royalties and employment - over 30% of Central's production workforce are Traditional Owners

To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CTP-688018.pdf


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.



Contact:

Central Petroleum Ltd.
T: +61 (0)7 3181 3800
F: +61 (0)7 3181 3855
www.centralpetroleum.com.au