Central Petroleum Limited

Central Petroleum Limited (ASX:CTP) advises that the Kintore bypass road, to be used in connection with transport supporting the Extended Production Test ("EPT") is nearing completion, and planning for the commencement for the EPT itself, including storage tank lease is well advanced.

Central Petroleum (ASX:CTP) is a play on the rapidly emerging hydrocarbons prospectivity of the central Australian sedimentary basins. Much of the region is effectively frontier territory. CTP has probably the largest contiguous 100% owned acreage position in any developed country, with a substantial potential oil and gas and coal resource base. Importantly, CTP recently announced that oil was successfully flow tested at its Surprise well in the Northern Territory. We believe CTP's resource base has company maker potential possibly along the lines of Santos in the Cooper Basin.

The Directors present their report on the consolidated entity consisting of Central Petroleum Limited (ASX:CTP)and the entities it controlled at the end of, or during, the half year ended 31 December 2011.

Central Petroleum Limited (ASX:CTP) are pleased to provide an updated company presentation regarding the transition into production.

Central Petroleum Limited (ASX:CTP) ("Central") advises that it has agreed with Rawson Resources Limited ("Rawson") to combine all of Central's current EP 97 farmins of the Simpson, Bejah and Pellinor blocks into one farmin arrangement.

Central Petroleum (ASX:CTP) Managing Director John Heugh and Julian Malnic discuss the Surprise Well in Central Australia. A significant oil discovery seeing Central Petroleum transition from explorer to producer.

Central Petroleum Limited (ASX:CTP) ("Central") has pleasure in announcing a Finance News Network video interview broadcast with Central's Managing Director, John Heugh, is timed to go live at 10.30am WST Thursday 16 February 2012.

Central Petroleum Ltd (ASX:CTP) ("Central" or "Company") advises that it has completed the issue of the Share Purchase Plan ("SPP") shares to existing shareholders in addition to completing a top-up placement ("Placement") of 50 million new Central shares at 5.5 cents per share to institutional, sophisticated and professional investors. In total the SPP and Placement raised $9.9 million before costs.

Central Petroleum Limited (ASX:CTP) (ASX: CTP) has released a webcast with the following details: Central Petroleum reservoir engineering report commentary.
Speaker: John Heugh, Managing Director

Central Petroleum Limited (ASX:CTP) is pleased to advise that independent consultants RPS Energy Pty Ltd ("RPS") concluded that the pressure transient data gathered during the production test of Surprise-1REH indicates that the well may access STOIIP ("Stock Tank Oil Initially In Place") in the range of 0.5 to 2 million barrels in an area proximal to the well. No apparent boundaries were identified during the analysis of the pressure transient data. However, Central acknowledges that no further conclusions regarding the possible range of STOIIP volumes in the entire Surprise structure of c.8 km2 can be made until all available seismic, geological and geophysical data has been integrated and analysed.