Central Petroleum Limited

Central Petroleum Limited (ASX:CTP) Drilling Update - Project Range & Dukas

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CPTLF) as Joint Venture and non-operated partner of EP112 in the Northern Territory, announces that the Dukas 1 exploration well has drilled to 3,515m measured depth in the Gillen Formation.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CPTLF) advises that Range-4, the first well in the Project Range exploration programme, spudded 30 June 2019 at 15:00 hrs AEST.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CPTLF) announces the appointment of Dr Julian Fowles as a Non-Executive director, effective 28 June 2019.

Central Petroleum Limited (ASX:CTP) provides the following update in relation to drilling operations on Project Range and Dukas 1.

Central Petroleum Limited ((ASX:CTP) (FRA:C9J) (OTCMKTS:CPTLF) advises that it has completed a review of the Palm Valley field performance.

Central Petroleum Limited (ASX:CTP), as Joint Venture and non-operated partner (farming down to 30% after completion of Dukas 1) of EP112 in the Northern Territory, announces that the Dukas 1 exploration well has drilled to 2604m measured depth in the Gillen Formation and 10-3/4" surface casing has been cemented in place.

Central Petroleum Limited (ASX:CTP)(OTCMKTS:CPTLF) advises that the Palm Valley 13 well ("PV13") has been ramped up to 6.3 TJ/d, and the Palm Valley field is now delivering 12.4 TJ/d of sales gas.

Central Petroleum Limited (ASX:CTP) advises that the Palm Valley 13 well has been tied-in and commenced flowing to sales on 17th May 2019. The successful delivery of the tie-in project is forecast to provide a significant increase in production from the Palm Valley field.

Central Petroleum Limited (ASX:CTP) today announced the appointment of Damian Galvin as Chief Financial Officer, effective 12 August 2019 (or potentially earlier).