Ann: Market Update - Central Seeking Development Options, page-68

"On 31 July 2014, Santos elected:
 to proceed to Stage 2 of an amended Southern Amadeus Joint Venture. As a result Central will
be free carried through a 1300km 2D seismic program over permits within the Southern
Amadeus Joint Venture area;
 not to proceed to Stage 2 in relation to the EP115 Farmin area but retains its 40% working
interest and operatorship;
 not to take up the option of acquiring a working interest in RL3 and RL4 over Ooraminna. The
structure was drilled by Ooraminna‐2 in 2010 which flowed gas at sub‐commercial rates from
the Pioneer Sandstone on test 2010; and
 not to proceed as a joint venture in the Pedirka Basin EP93 and EP97.
Southern
Amadeus Area
Total Santos Participating Interest after
completion of Stage 1
Total Santos Participating Interest after
completion of Stage 2
EP82 25% 40% (ie additional 15% earned)
EP105 25% 40% (ie additional 15% earned)
EP106 25% 40% (ie additional 15% earned)
EP107 25% 40% (ie additional 15% earned)
EP112 25% 40% (ie additional 15% earned)
EP(A)147 25% 40% (ie additional 15% earned)
EP 125 – Northern Territory
(CTP‐30% interest, Santos [Operator]‐70%interest [earning])
Mt Kitty Exploration Well
(Central is free carried for this well under the Santos farm‐in arrangements)
The exploration well Mt Kitty‐1 was re‐entered on 23 August 2014, and a comprehensive logging
program was completed which confirmed that the Heavitree Sandstone was absent in the well, and
that gas flows in the well reported earlier emanated from fractures in granitic basement. The well
has been suspended for possible later re‐entry and further evaluation."

10 December 20162 years and 5 months later we have movement in the station.
This goes to show how stifled OPM is to Aussie explorers.

Have read documents again and if I understand intent by words then CTP have a fight on their hands to ward off approaches by MAC group. It has all the rethoric of a hostile takeover.

Please this is an opinion, do your own research, keep you ears peeled because the apple might be taken with the skin on.