Central Petroleum Reports Lower Sales Volumes and Revenue for September Quarter

The latest announcement is out from Central Petroleum Limited ( (AU:CTP) ).

Central Petroleum Limited reported a 4.5% decline in sales volumes for the September 2025 quarter compared to the previous quarter, attributed to lower seasonal demand and pipeline constraints. Despite a 28% increase in average sales prices from the previous year, sales revenue fell by 6.6% due to reduced volumes and slightly lower prices from the June quarter. The company announced a 9% upgrade in its 2P oil and gas reserves at Mereenie and a 6% upgrade in Dingo 1P gas reserves, effectively replacing a significant portion of its FY2025 production. Additionally, Central secured a new Gas Sale Agreement to supply 1.3 PJ of gas over two years, enhancing cash flow certainty.

More about Central Petroleum Limited

Central Petroleum Limited operates in the energy sector, focusing primarily on the exploration and production of oil and gas. The company is involved in the supply of gas from its fields in the Northern Territory, Australia, and is engaged in various contracts within the region to mitigate supply disruptions.

Average Trading Volume: 390,761

Technical Sentiment Signal: Hold

Current Market Cap: A$49.68M

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