Results of General Meetings
Perth, June 25, 2012 AEST (ABN Newswire) - Central Petroleum Ltd (
ASX:CTP) advises that all resolutions considered at the Company's General Meetings held 12.00 noon and 2.00pm on 22 June 2012 were passed with the requisite majorities by way of a poll.
In accordance with Listing Rule 3.13.2 and section 251AA(2) of the Corporations Act 2001 (Cth), the Company advises details of the resolutions, direct votes and proxies received in respect of each resolution as set out in the attached Proxy and Direct Vote Summary for each meeting.
Mr Richard Cottee, Managing Director and Chief Executive Officer, said "I am pleased shareholders were given the opportunity to vote for my appointment as a director. The shareholders have set a new direction for Central Petroleum with a clear message that it is now time to focus on the commercial development of our assets and the creation of shareholder wealth."
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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