Latest Company Presentation
Brisbane, Aug 18, 2014 AEST (ABN Newswire) - Central Petroleum Limited (
ASX:CTP) (CPTLF:OTCMKTS) provides the Latest Company Presentation. A short overview is produced below.
Overview
- Australia's domestic gas market facing supply shortfall in next 5 years
- Golden opportunity for N.T. to be a 'key' supplier of domestic and east coast markets
- Comparable to QLD's gas exploration boom displacing the PNG pipeline
- Aggregated gas supplies include 'Gove provision' and existing on- and offshore reserves to underpin N.T. - East Coast pipeline for domestic market
- Price signals and open markets will drive exploration and supply, creating Gas Revolution for N.T. Requires Government endorsement.
- Central can be a major player in the solution through targeting 200 PJs available reserves for sale into the inter-connected domestic market
- Local communities and Traditional Owners would benefit from N.T. gas industry through royalties and employment - over 30% of Central's production workforce are Traditional Owners
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CTP-688018.pdf
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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