Central Petroleum Limited (AU:CTP) has released an update.
Central Petroleum Limited has announced an extension on the condition precedent satisfaction period in the Arafura gas supply agreement until 31 July 2024, signaling continued development in their role as the largest onshore gas Operator in the Northern Territory. The company, listed as CTP on the ASX, is working towards becoming a significant domestic energy supplier with extensive exploration and development plans across its vast tenements. This move is part of Central Petroleum’s broader strategy to supply gas, helium, and hydrogen to Australian markets.
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