Ensign Rig Mobilising to Mereenie Field
Brisbane, Mar 22, 2018 AEST (ABN Newswire) - Central Petroleum Limited (
ASX:CTP) (CPTLF:OTCMKTS) ("Company" or "Central") advises that the Ensign Rig, Rig 932, is making its way to the Mereenie field in preparation for the start of the three-well drilling programme aimed at tripling Central's gas reserves.
The first loads of equipment have arrived at the Mereenie Field with the drilling of West Mereenie 26, the first well in the three-well program, anticipated to commence in April 2018.
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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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