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Central Petroleum Limited ( (AU:CTP) ) has shared an update.
Horizon Oil Limited, a company involved in the oil and gas industry, has announced that the gas supply agreement for Arafura’s Nolans rare earths project has lapsed due to unmet conditions. As a result, Horizon and its Mereenie joint venture partners will re-market the gas originally intended for the Nolans project to other customers in the Northern Territory and the East Coast, starting in 2028.
More about Central Petroleum Limited
YTD Price Performance: 32.00%
Average Trading Volume: 650,726
Technical Sentiment Signal: Hold
Current Market Cap: A$49.19M
For an in-depth examination of CTP stock, go to TipRanks’ Stock Analysis page.