Central Petroleum Limited: to Commence East Coast Gas Sales

03.01.2019  |  ABN Newswire

Brisbane, Australia - Central Petroleum Ltd. (ASX:CTP) (FRA:C9J) (OTCMKTS:CPTLF) ("Company" or "Central") announces that its customer Incitec Pivot (ASX:IPL) ("Incitec") has advised Central that its Gas Sales Agreement with Incitec will commence on the 3rd of January 2019 when the Northern Gas Pipeline commences Commercial Operations.

Central also announces that the new Field Boost Compressor at Mereenie is now successfully running meaning that all of the Mereenie Facility Upgrade equipment is available to deliver gas to customers.

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