Central Petroleum Ltd.

Dear Shareholders, As you are no doubt aware, global markets have fallen significantly in recent weeks reflecting continued economic uncertainty around the spread of the Covid-19 coronavirus. More recently this week we have seen a further and dramatic fall in the oil price which appears to be driven by changing supply strategies from OPEC producers. I want to assure you that the Board and Management of [...]

Central Petroleum Ltd. reports a maiden net profit after tax of $3.2 million for the half year to 31 December 2019. Earnings Before Interest, Tax, Depreciation, Amortisation and Exploration was $17.2 million, reflecting the strong performance of Central's gas and oil fields in the Northern Territory. Highlights for the half year - Step change in operating results compared to the previous corresponding period : o Operating [...]

Central Petroleum Ltd. is pleased to release the attached presentation which provides a detailed overview of its December 2019 Quarter. The December 2019 quarter saw a strong performance from Central Petroleum Ltd., with sales volumes up 6.7% on the previous quarter and sales revenue up 7.5%. Central also made significant progress on its growth strategy, certifying 2C gas resources at its new Range CSG project and [...]

Central Petroleum Ltd. announces it has signed an agreement to extend the maturity of its existing $72.8 million Macquarie finance facility by 12 months, with full repayment required by 30 September 2021. Central has been in discussions with a number of potential senior lenders to refinance the facility which was due for repayment by 30 September 2020. After reviewing various options and considering Central's broader [...]

Central Petroleum Ltd. provide the operating activities report for the quarter ending 31 December 2019. HIGHLIGHTS - Sales volumes increased 6.7% to 3.7 PJE , up from 3.5 PJE in the Septemberquarter with total sales revenue of $18.5 million,up 7.5% from $17.2 million on the September quarter. - Announced a major exploration programme for CY2020 consisting of five high-graded drillableprospects and two appraisal tests in [...]

Central Petroleum Ltd. announces that it has appointed Flagstaff Partners Pty Ltd as its advisor for the farm-out of its CY2020 Exploration Programme exploration targets and associated operating assets to fund Central's CY2020 Exploration Programme. Flagstaff Partners are a leading independent corporate advisory firm based in Melbourne with substantial experience and a track record of delivering positive outcomes on [...]

Central Petroleum Ltd. refers to its ASX Announcement dated 11 December 2019 and announces the new gas sale agreement has become unconditional following conditions precedent being met. The start date for gas supply is anticipated to be 1 January 2020. About Central Petroleum Limited: Central Petroleum Ltd. is an oil and gas explorer and producer listed on the Australian Securities Exchange focused on supplying the [...]

Central Petroleum Ltd. today announces a new GSA has been signed by the MJV with AGL Energy. The agreement provides for up to 21.9 PJ of 'firm' and 'as-available' gas supply over three years. Gas will be supplied under the GSA by Central and its MJV partner, Macquarie Mereenie Pty Limited. The GSA is subject to conditions precedent, including the execution of final gas transportation agreements. Highlights - New gas sale [...]

Central Petroleum Ltd. advises Shareholders and interested parties that the Managing Director's presentation to shareholders last Thursday during the 2019 AGM is now available on the Company's website. To view the presentation, please visit: http://www.abnnewswire.net/lnk/T1M9AO74 About Central Petroleum Limited: Central Petroleum Ltd. is an oil and gas explorer and producer listed on the Australian Securities Exchange [...]

With the actions and plans we have for 2020, the coming year should be a stellar one for Central Petroleum Ltd. and we will be operating at a furious pace. My recent Chairman's Letter to you in the Annual Report, advised that FY19 was not just a good year for Central, but a transformational one. There are two main reasons. 1. We successfully completed Facilities Upgrades for Mereenie and Palm Valley on time increasing [...]