Page 2 - Leon Devaney News Today

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that as at 1400 hrs ACST on 2 October 2022 Palm Valley 12 (PV12) sidetrack (ST2) in OL3 had progressed to a measured depth (MD) of 2,598m. At that time a decision was made to change the drilling bit and take the opportunity to conduct an interim flow test.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) today reports a net profit after tax of $21.3 million for the financial year to 30 June 2022, including a $36.6 million profit on the sale of half of its interest in its three producing gas and oil fields.

Central Petroleum has hit water in the Palm Valley 12 sidetrack well in OL3 in the Northern Territory.

Central Petroleum has hit water in the Palm Valley 12 sidetrack well in OL3 in the Northern Territory.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that the Palm Valley 12 (PV12) well in OL3, Southwest of Alice Springs in the Northern Territory was at a measured depth of 2,431m in the lower P2 and P3 units of the Pacoota Formation.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) announces that the Board of Directors has agreed for Leon Devaney to continue as Managing Director and Chief Executive Officer from the expiry of the current contract on 1 July 2022.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) announces that it, on behalf of the Mereenie Joint Venture, has negotiated as-available transportation and market trading arrangements that allow for the sale of non-firm gas from the Mereenie gas field.

The grant is to be awarded to APA Group to accelerate the provision of gas infrastructure to support Project Range with a focus on pre-FID activities.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) is pleased to release the attached presentation which provides an overview of its December 2021 half year results and an update on activities.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) today reports a net profit after tax of $30.5 million for the half year to 31 December 2021, including a $36.6 million profit on the sale of half of its interest in its three producing gas and oil fields in the Northern Territory.