Central Petroleum

Central Petroleum

Central Petroleum Limited (Central) is a well-established and emerging, ASX-listed Australian oil and gas producer.

Founded 1998

Brisbane, Australia 109 employees Marketing, Oil and Gas

Central Petroleum Limited is an established and emerging, ASX-listed Australian oil and gas producer. Founded in 1998, the company has rapidly grown to become the largest onshore gas producer in the Northern Territory, supplying industrial customers and senior gas distributors in NT and the wider Australian east coast market. With exploration and development plans across 180,000 km² of tenements in Queensland and the Northern Territory, including some of Australia’s largest known onshore conventional gas prospects, Central Petroleum is positioned to become a significant domestic energy supplier. The company is planning to develop the Range Gas Project, a new gas field located among proven CSG fields in the Surat Basin, Queensland with 135 PJ (net to Central) of development-pending 2C contingent resource. In August 2020, Central announced plans to deliver increased volumes of gas for domestic east coast markets, as a foundation customer of the proposed Amadeus to Moomba Gas Pipeline (AMGP) project to be developed by Australian Gas Infrastructure Group (AGIG). A Final Investment Decision for the development of the AMGP is targeted for 2021. The AMGP can provide a more direct and efficient route for increased gas volumes from the Amadeus Basin to help address the forecast east coast gas shortage. With its strategic positioning in the oil and gas industry and plans for future development, Central Petroleum Limited presents an attractive prospect for potential investors seeking opportunities in the energy sector.

FAQ About Central Petroleum

Central Petroleum Limited (Central) is a well-established and emerging, ASX-listed Australian oil and gas producer.

Central Petroleum was founded in 1998.

Central Petroleum is headquartered in Brisbane, Australia.

Central Petroleum operates in Marketing and Oil and Gas. Its work centres on Oil and Gas, ASX-listed, Australian energy supplier and Onshore gas production.

Central Petroleum has approximately 109 employees.

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