Central Petroleum Limited

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that the Arafura gas supply agreement for Arafura's Nolan's rare earth's project, including gas supply contracts with Central's other Mereenie joint venture partners, has lapsed due to the condition precedent.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) released its half-year update for the period ending December 31, 2024, presenting a compelling narrative of financial stabilization and operational strength.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) will hold an online presentation on Friday 14 March 2025 commencing at 10.00 am AEST.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) today reports Underlying Earnings Before Interest, Tax, Depreciation, Amortisation and Exploration for the half year to 31 December 2024 of $8.6 million, an increase of 7% from the first half of FY2024.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) outlook for 2025 radiates optimism, a stark contrast to the challenges of recent years, as the market begins to recognize the value of its Northern Territory gas fields.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that the recentlycompleted WM30 production well at the Mereenie field was tied-in and brought online on 26 February.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that drilling and completion of the second new Mereenie production well, WM30, is complete and Ventia Rig 101 was released on 19 February 2025.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that Mr McCormack will step down and leave the board of Central on 30 April 2025.

Central Petroleum Limited's (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) gas fields were operating at full capacity for much of the quarter.

Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that the new West Mereenie 29 (WM29) well has been tied-in and commenced flowing to sales on 20 January 2025.