Appointment of Dr Agu Kantsler as a new Director
Brisbane, June 4, 2020 AEST (ABN Newswire) - Central Petroleum Limited (
ASX:CTP) (C9J:FRA) (CPTLF:OTCMKTS) is pleased to announce the appointment of Dr Agu Kantsler as a Director of the Company, effective 15 June 2020.
Central's Chairman, Wrix Gasteen said, "After an extensive search for an oil and gas exploration expert, I am delighted to welcome a person of Dr Kantsler's professional calibre to the Central Petroleum board. Dr Kantsler's appointment is timely as he joins Central during an important step-change in the evolution of our company. We are emerging from recent market and COVID-19 challenges with a focus on growth and diversification by progressing ur near term exploration programme in the Amadeus Basin (Northern Territory), the Range CSG project in the Surat Basin (Qld), and completion of the Dukas exploration well (southern Amadeus Basin, Northern Territory), targeting one of the largest conventional on-shore gas prospects in Australia."
"Agu brings strong technical credibility and an extensive depth of experience to the Board at this exciting juncture in Central's strategy to become a major supplier into the east coast gas market," added Mr Gasteen.
Dr Kantsler is one of Australia's most respected and experienced petroleum exploration executives, having led Woodside Petroleum's world-wide exploration, business development and geotechnical activities as Executive Vice President Exploration and New Ventures from 1995 to 2009.
Prior to joining Woodside, Dr Kantsler worked for Shell in various international locations and has served as Director and Chairman of the Australian Petroleum Production & Exploration Association (APPEA). Dr Kantsler is Managing Director of Transform Exploration Pty Ltd, a Non-executive Director of Oil Search Limited since 2010 and a former President of the Chamber of Commerce and Industry WA.
About Central Petroleum Limited
Central Petroleum Limited (
ASX:CTP) is an established ASX-listed Australian oil and gas producer (ASX:CTP) with exploration and appraisal permits in the Northern Territory (NT). Central has grown to become the largest onshore gas operator in the NT, supplying residential and industrial customers in the NT and wider Australian east coast market.
Central is seeking to become a major domestic energy supplier, in addition to helium and naturally occurring hydrogen, with exploration, appraisal and development plans across 169,112 km2 of tenements the NT, including some of Australia's largest known onshore conventional gas prospects in the Amadeus Basin.
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