CTP 0.00% 5.2¢ central petroleum limited

hess move dumps heugh

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    Hess move dumps Heugh

    ABIX - Wednesday, March 28, 2012



    Hess move dumps Heugh

    Mar 28, 2012 (The Australian - ABIX via COMTEX) -- Central Petroleum has attempted to sack founder and MD John Heugh. Heugh is challenging his termination in the Supreme Court of Western Australia. The explorer found oil in a well in the Northern Territory in early 2012. The group's board wants to bring in a larger company as a partner. It said that there had been considerable interest from several parties, with US oil company Hess Corporation one of those likely to be interested in the project.

    Publication Date: 29 March 2012

    CENTRAL PETROLEUM LIMITED - ASX CTP
    HESS CORPORATION
    SUPREME COURT OF WESTERN AUSTRALIA
    CONOCOPHILLIPS
    BG GROUP PLC
    PATERSONS SECURITIES LIMITED





 
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