Brisbane, Australia (ABN Newswire) - Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) ("Company" or "Central") advises that the Ensign Rig, Rig 932, is making its way to the Mereenie field in preparation for the start of the three-well drilling programme aimed at tripling Central's gas reserves.
The first loads of equipment have arrived at the Mereenie Field with the drilling of West Mereenie 26, the first well in the three-well program, anticipated to commence in April 2018.
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About Central Petroleum Limited:
Central Petroleum Limited (ASX:CTP) (OTCMKTS:CPTLF) is an oil and gas explorer and producer listed on the Australian Securities Exchange focused on supplying the domestic gas market. Central is advancing several separate projects across what is regarded as the biggest package of proven and prospective oil and gas acreage across central Australia. This spread of assets gives Central multiple options for growth and development. 88% of this land being gas prone has led to the Company's focus on becoming a major domestic gas producer.
Source:
Central Petroleum Limited
Contact:
Central Petroleum Limited
T: +61-7-3181-3800
F: +61-7-3181-3855
E: info@centralpetroleum.com.au
WWW: www.centralpetroleum.com.au
Media Enquiries
Martin Debelle at Citadel-MAGNUS
T: +61-2-8234-0100
M: +61-409-911-189
Source: ABN/Asia Business Newswire
(March 21, 2018 - 7:16 PM EDT)
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