Central Petroleum Limited
CNPTF
Other OTC0.05
USD
- -
- -
ISIN
AU000000CTP7
Return %
Stock
S&P500
1Y
125.00
26.53
3Y
-10.00
76.60
5Y
-25.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Leon Goss Devaney
- Full Time Employees
- 81
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 369 Ann Street Brisbane QLD Australia 4000
- IPO Date
- Feb 15, 2013
- Website
- centralpetroleum.com.au
- Similar Companies
- Business
- Central Petroleum Limited is an Australian oil and gas exploration and production company focused on supplying reliable natural gas and oil to domestic markets. The company operates primarily in the Northern Territory and Queensland, with its core production assets located in the Amadeus Basin, including the Mereenie, Palm Valley, and Dingo gas fields. Central Petroleum's main products and services include exploration, development, production, processing, and marketing of hydrocarbons such as crude oil, natural gas, and associated petroleum products, serving power stations, mine sites, energy wholesalers, and retailers across central, northern, and eastern Australia. Recent strategic developments include the securing of new long-term gas sale agreements, notably a transformative six-year contract with the Northern Territory Government, which underwrites all firm gas production for the next six years and has led to plans for a fully funded two-well development drilling program at the Mereenie field commencing December 2024. The company has also completed the sale of its 50% interest in the Range Coal Seam Gas Project for $12.5 million, realizing a significant book profit and allowing capital reallocation toward core production areas. Central Petroleum has mitigated risks associated with the Northern Gas Pipeline and continues to pursue growth through new well development at Mereenie and Palm Valley, alongside ongoing exploration for alternative energy resources such as helium and hydrogen within its tenements. Founded in 1969 and headquartered in Australia, Central Petroleum Limited operates through producing assets, development assets, and exploration assets segments, with a business focus on conventional gas resources and domestic energy security. The company remains a significant player in Australia's onshore oil and gas sector, delivering energy products predominantly for the Australian market while maintaining a disciplined financial and operational strategy to support growth and shareholder returns in a dynamic energy landscape.
Central Petroleum Limited (CNPTF) Discusses December Quarter Results, Otway and Cooper Basins Expansion, and Major Gas Supply Agreement Transcript
Central Petroleum Limited (CNPTF) Shareholder/Analyst Call Transcript