Latest Company Presentation
Brisbane, Sep 12, 2018 AEST (ABN Newswire) - Central Petroleum Limited (
ASX:CTP) provides the Company's latest presentation at RIU Good Oil Conference.
Our Company
- ASX Listed ("CTP") with a current market cap. circa $75 million
- Focus on onshore gas E&P in central and eastern Australia
- Operator of the only producing onshore oil and gas fields in the Northern Territory (NT) and our operating fields generate strong positive operating cashflows
- Current reserves
----------------------------------------------------------------Reserves* Unit 1P 2P 2C----------------------------------------------------------------Gas PJ 81.03 122.90 143.60Oil MMBBL 0.37 0.38 0.10 ----------------------------------------------------------------
* Net to Central Petroleum as at 30 June 2018 after deducting FY18 production
- NT exploration permits cover 228,740 km2, most of which is gas prone and underexplored
- Recently granted ATP2031 in Queensland's Surat Basin (CSG) covering 77km2 north-west of the town of Miles and adjacent to QGC and Arrow planned development areas
Headline strategy
- Maximise gas available for the Northern Gas Pipeline (NGP) through our Gas Acceleration Programme (GAP)
- Take advantage of exploration, development and M&A opportunities in the NT and east coast Australia
- Accelerate exploration of newly awarded Surat Basin CSG acreage
- Leverage our capability in exploration, development and operations to create value in new assets
To view the full presentation, please visit:
http://abnnewswire.net/lnk/4LL3GK99
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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