CTP 0.00% 5.3¢ central petroleum limited

new holder - let's just keep it simple , page-8

  1. 75 Posts.
    from today's release

    Farm out discussions
    Since April 2012, Central has received an unprecedented amount of interest from both
    international and domestic oil and gas companies in regards to our central Australian acreage.
    The best interests of the Company and all shareholders are “top of mind” as we carefully
    assess all the options available to realising the value in our substantial acreage asset.
    I’m pleased to report that detailed commercial discussions have and continue to take place
    with various parties, including major global energy companies, who have accessed the data
    room with the intention to join us as a prospective joint venture partner. We hope to be in a
    position to announce a significant and favourable commercial partnership in the near future.
    We reiterate that it is our intention to participate with capable and well-funded project
    partners with the ability to conduct extensive exploration programs which will importantly
    assist in de-risking Central’s extensive onshore acreage portfolio.

    "INTH"
 
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