Central Petroleum Limited

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) refers to its ASX Announcement dated 22 October 2020 ("New Gas Sales Agreement and Finance Facility Extension") and announces that the New Gas Sale Agreement referred in the Announcement has become unconditional following conditions precedent being met.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) is pleased to announce the restart of the Range Gas Project in Queensland's Surat Basin. The Range Gas Project is being progressed under a 50:50 joint venture ("Range JV") between Central and a wholly-owned subsidiary of Incitec Pivot Limited (ASX:IPL).

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) wishes to congratulate one of its Non-Executive Directors, Dr Julian Fowles, in being appointed Chief Executive Officer and Managing Director of Karoon Energy Limited.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) has signed agreements for the sale of 3.5 PJ of gas and a 12-month extension to its existing finance facility with Macquarie Bank Limited.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) is pleased to announce a maiden full year profit after tax of $5.4 million for the year ended 30 June 2020.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CPTLF) is pleased to announce the appointment of Mr Michael "Mick'' McCormack as a Director of the Company effective 1st September 2020.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CPTLF) has signed an agreement with Australian Gas Infrastructure Group ("AGIG") and Macquarie Mereenie Pty Ltd ("Macquarie Mereenie") to progress towards a Final Investment Decision for the development of the Amadeus to Moomba Gas Pipeline ("AMGP").

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CPTLF) provide the June 2020 Quarterly Update presentation with the following key highlights for the period.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CPTLF) announces that the June 2020 quarterly webcast presentation will be delivered on Friday, 7 August 2020 commencing at 10:00am AEST.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CPTLF) continued its excellent safety and operating performance across its portfolio, with no MTIs or LTIs recorded and no reportable environmental incidents during the quarter.