TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Central Petroleum Limited ( (AU:CTP) ) has shared an update.
Horizon Oil Limited announced that the Mereenie joint venture has signed a gas supply agreement with McArthur River Mining for 4.9 Petajoules of gas to be supplied in 2026 and 2027. This agreement ensures a stable revenue stream through firm supply and fixed pricing, while also allowing for the sale of additional volumes, reinforcing Horizon’s position as a reliable energy partner in the region.
More about Central Petroleum Limited
Horizon Oil Limited operates in the energy sector, focusing on the exploration, development, and production of oil and gas. The company is involved in joint ventures and is known for its strategic gas assets, particularly in the Northern Territory of Australia.
Average Trading Volume: 523,282
Technical Sentiment Signal: Hold
Current Market Cap: A$50.44M
Find detailed analytics on CTP stock on TipRanks’ Stock Analysis page.