Central Petroleum Extends Gas Supply Agreement with Arafura

Arafura Resources Limited (AU:ARU) has released an update.

Central Petroleum Limited has extended the condition precedent date for its gas supply agreement with Arafura Resources for the Nolans rare earths project to February 4, 2025. This extension reflects Central’s strategic aim to enhance its position as a key player in the domestic energy market, leveraging its significant gas prospects in the Northern Territory. Investors and market watchers may find this development indicative of Central’s commitment to long-term growth and energy supply capabilities.

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