Latest Company Presentation
Brisbane, Nov 19, 2018 AEST (ABN Newswire) - Central Petroleum Limited (
ASX:CTP) provides the Company's latest presentation.
What we've made possible -a big year
- Drilled West Mereenie26 & Palm Valley 13
- Refurbished & restarted Palm Valley gas field
- On-track to deliver facility expansion at Mereenie
- LTI free to date
Cutting edge drilling at PV13
- Reservoir section drilled underbalanced with air
- 1000m vertical section then kick-off into horizontal section
- 30,000 psi formation strength and extremely abrasive
- Sensitive regulatory and community landscape
- Remote & rugged terrain
- Flowed 13.6mmscfd on test
- Tie-in project underway
To view the full presentation, please visit:
http://abnnewswire.net/lnk/Z77CILG9
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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