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Central Petroleum Appoints New Director With No Current Equity Interests

Story Highlights
  • Central Petroleum has appointed Joel Lynn Riddle as a director effective 12 January 2026.
  • The company disclosed Riddle currently holds no securities or contractual interests in Central Petroleum.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Central Petroleum Appoints New Director With No Current Equity Interests

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Central Petroleum Limited ( (AU:CTP) ) has provided an announcement.

Central Petroleum Limited has appointed Joel Lynn Riddle as a director effective 12 January 2026, and has lodged the required initial director’s interest notice with the ASX. The filing confirms that Riddle currently holds no relevant interests in Central Petroleum securities and has no interests in any related contracts, indicating a starting position free of equity or contractual ties as he joins the board, which may be relevant for governance and alignment considerations among investors.

The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.

More about Central Petroleum Limited

Central Petroleum Limited is an Australian-listed company active in the energy sector, focusing on the exploration, development and production of petroleum and related hydrocarbons for domestic and potentially export markets.

Average Trading Volume: 430,374

Technical Sentiment Signal: Sell

Current Market Cap: A$48.18M

Find detailed analytics on CTP stock on TipRanks’ Stock Analysis page.

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