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Central Petroleum Limited (ASX:CTP) Appointment of Stephen Gardiner as a Non-executive Director


Central Petroleum Limited (ASX:CTP) Appointment of Stephen Gardiner as a Non-executive Director
  
Appointment of Stephen Gardiner as a Non-executive DirectorBrisbane, June 30, 2021 AEST (ABN Newswire) - Central Petroleum Limited (
OTCMKTS:CNPTF) is pleased to announce the appointment of Mr Stephen Gardiner as a director of the Company effective 1 July 2021.
Central s Chair, Mick McCormack said, I am very pleased to welcome Stephen Gardiner to the Board of Central Petroleum. Stephen joins Central after 17 years in senior executive roles with Oil Search Limited (
ASX:OSH), most recently as CFO for 8 years before stepping down from that role in March. In the CFO role Stephen was responsible for Oil Search s finance, tax, treasury, audit and risk and investor relations functions. Prior to Oil Search, Stephen had a twenty-year career in corporate finance at major Australian multinational companies including CSR Limited and Pioneer International Limited. ....

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Central Petroleum Limited (ASX:CTP) Range Pilot Update - Coal Thickness & Permeability Confirmed


Central Petroleum Limited (ASX:CTP) Range Pilot Update - Coal Thickness & Permeability Confirmed
  
Range Pilot Update - Coal Thickness & Permeability ConfirmedBrisbane, May 13, 2021 AEST (ABN Newswire) - Central Petroleum Limited (
OTCMKTS:CNPTF) advises that all three wells comprising the Range Pilot Programme have been drilled successfully and surface equipment will now be installed prior to the installation of down-hole pumps.
The three Range pilot wells, Range-6, Range-7 and Range-8 were drilled to depths of between 675m and 685m and confirmed net coal of between 26m and 28m across the three coal seams of Walloon Coal Measures. Permeability testing of the Range-6 well confirmed that the coals have permeability levels consistent with the strong results from the four exploration wells drilled across ATP 2031 in mid-2019. ....

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Central Petroleum Limited (ASX:CTP) Quarterly Activities Report & Appendix 5B


Central Petroleum Limited (ASX:CTP) Quarterly Activities Report & Appendix 5B
  
OTCMKTS:CNPTF) provide the quarterly activities report & Appendix 5B for the March quarter.
- Cash balance at the end of the March quarter (the quarter) was $37.7 million, compared to the $38.5 million balance at 31 December 2020, reflecting:
- $7.4 million net cash flow from operations (before exploration and finance costs) which includes $2.9 million under the take or pay provisions of gas supply contracts for CY2020
- Increased exploration activity ($2.5 million expended) as the Range pilot drilling campaign commenced
- Preparations for commencement of the Mereenie Development Program (included in $2.0 million of capital expenditure) ....

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Central Petroleum Limited (ASX:CTP) Range Pilot Update - Range-8 Spuds and Range-7 Completed


Central Petroleum Limited (ASX:CTP) Range Pilot Update - Range-8 Spuds and Range-7 Completed
  
Range Pilot Update - Range-8 Spuds and Range-7 CompletedBrisbane, April 28, 2021 AEST (ABN Newswire) - Central Petroleum Limited (
OTCMKTS:CNPTF) advises that Range-8, the third well in the three well Range Pilot Programme, spudded on 28 April 2021 at 07:00 Hrs.
The Range-8 well has a target depth of 680m below rotary table (RT) and will be completed across the three seams of the Walloon Coal Measures. The pilot wells will be tested over several months to confirm water and gas flow rates.
The second well in the programme, Range-7, was successfully executed in line with the well plan. Total Depth (TD) was reached at 680m RT and the Walloons coals were intercepted over a depth range from 214m RT to 607m RT. The well was successfully cased and suspended with a slotted liner over the coals and the well was prepared for completion. The wells will be brought online ....

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