Brief: Central Petroleum Says Expect To Be Supplying Gas From The New Palm Valley 12 Well This Quarter

Central Petroleum

10/11/2022 01:05

Nov 10 (Reuters) - Central Petroleum Ltd  CTP.AX :
    * EXPECT TO BE SUPPLYING GAS FROM THE NEW PALM VALLEY 12
WELL THIS
QUARTER
    * WORKING WITH JV TO BRING ON MORE CAPACITY AT MEREENIE NEXT
YEAR
    * WORKING WITH ADVISERS ON VARIOUS ALTERNATIVES RANGING FROM
ASSET
SALES AND NEW PARTNERSHIPS TO ACQUISITIONS AND RESTRUCTURING
    * SEE PORTFOLIO AS BEING INCREASINGLY VALUABLE IN A
TIGHTENING GAS
MARKET & WITH RISING INTEREST IN HELIUM AND HYDROGEN PROSPECTS

Source text for Eikon:  ID:nASX10QdKM 
Further company coverage:  CTP.AX 
 ((Reuters.Briefs@thomsonreuters.com;))