CTP central petroleum limited
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News: CTP Central Petroleum Announces New Gas Supply Agreement With AGL Energy

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    11/12/19
    12:30
    Post #: 41909545

    Dec 11 (Reuters) - Central Petroleum Ltd (CTP) :

    • SIGNS NEW GAS SUPPLY AGREEMENT AND SUPPORTING MEREENIE JV COMMERCIAL ARRANGEMENTS
    • NEW GSA DEAL FOR CO AND ITS MEREENIE JV PARTNER TO SUPPLY UP TO 21.9 PETAJOULES OF GAS OVER 3 YEARS TO AGL ENERGY FROM 1 JAN 2020
    • GAS SALES TO COMMENCE ON EXPIRATION OF CENTRAL'S CURRENT GSA WITH INCITEC PIVOT
    • UNDER NEW GSA, CENTRAL EXPECTS TO RECEIVE BENEFIT OF MAJORITY OF REVENUE DURING FIRST TWO CONTRACT YEARS
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