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Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that Peak Helium Pty Ltd has overdue payments of over $3 million under the farmout agreement with Central following the completion announcement made on 31 March 2023.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) provides resource estimates for the three well sub-salt exploration program scheduled to commence drilling later this year / early 2024, targeting helium, naturally-occurring hydrogen and natural gas.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) refers to its announcements regarding the Peak Helium farmout transaction, including the initial announcement dated 9 February 2022.