Central Petroleum Extends Arafura Gas Agreement
Company Announcements

Central Petroleum Extends Arafura Gas Agreement

Central Petroleum Limited (AU:CTP) has released an update.

Central Petroleum Limited (ASX:CTP), a key Australian oil and gas producer and the largest onshore gas operator in the Northern Territory, has announced an extension to its Gas Supply Agreement with Arafura, moving the condition precedent date from 30 June to 31 July 2024. The company continues to solidify its position in the market, aiming to become a significant domestic energy supplier, with extensive exploration and development plans across its vast Northern Territory tenements.

For further insights into AU:CTP stock, check out TipRanks’ Stock Analysis page.

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