Managing Director & Chief Executive Officer Contract Renewal
Brisbane, July 4, 2022 AEST (ABN Newswire) - Central Petroleum Limited (
ASX:CTP) (C9J:FRA) (CNPTF:OTCMKTS) announces that the Board of Directors has agreed for Leon Devaney to continue as Managing Director and Chief Executive Officer from the expiry of the current contract on 1 July 2022.
Central's Chair, Mick McCormack said, "Leon has been integral in realising the company's growth opportunities and has been a steady hand through challenging business conditions over the past couple of years. Since joining Central in 2012, Leon has been a very capable leader and problem solver and the Board looks forward to future success under Leon's leadership".
*To view the employment contract, please visit:
https://abnnewswire.net/lnk/01I67W25
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.
| ||
|
