Brief: Central Petroleum Says Peak Helium (Amadeus Basin) Has Overdue Payments Of Over A$3 Mln
30/06/2023 02:26
June 30 (Reuters) - Central Petroleum Ltd CTP.AX :
* PEAK HELIUM (AMADEUS BASIN) HAS OVERDUE PAYMENTS OF OVER
A$3
MILLION UNDER FARMOUT AGREEMENT
* NOTING FAILURE CENTRAL HAS FORMED VIEW THAT PEAK HELIUM
MAY NOT
BE ABLE TO FUND OBLIGATIONS UNDER ITS VARIOUS FARMIN
ARRANGEMENTS
* APPROACHED BY PEAK HELIUM AND ITS FINANCIERS TO
RESTRUCTURE
THEIR BROADER ARRANGEMENTS
Source text for Eikon: ID:nASX7CR39w
Further company coverage: CTP.AX
((Reuters.Briefs@thomsonreuters.com;))
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