RL3 and RL4 Suspension of Year 1 Permit Commitments
Brisbane, April 11, 2019 AEST (ABN Newswire) - Central Petroleum Limited (
ASX:CTP) ("Company" or "Central") today announced that it has received approval from the Northern Territory Department of Primary Industry and Resources (DPIR) for the suspension of Year 1 permit commitments (drilling of Ooraminna 3) for 12 months to March 2020 for RL3 and RL4.
RL3 and RL4 are located ~50 km southeast of Alice Springs in the Northern Territory and cover the Ooraminna Anticline (see Figure 1 in link below).
Currently Central is developing the drilling Environmental Management Plan (EMP) in line with guidelines from the Northern Territory Department of Environment and Natural Resources.
To view figures, please visit:
http://abnnewswire.net/lnk/1LSGY77B
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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