CTP central petroleum limited
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March 12 (Reuters) - Central Petroleum Ltd (CTP) : NONE OF CO'S...

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    12/03/20
    19:20
    Post #: 43458049

    March 12 (Reuters) - Central Petroleum Ltd (CTP) :

    • NONE OF CO'S DOMESTIC GAS SALES ARE LINKED TO OIL PRICES OR RELATED INDICES
    • FACILITATING DEBT REDUCTION FROM $94 MILLION IN EARLY 2019 TO $72 MILLION CURRENTLY & $62 MILLION BY SEPT 2021
    • SMALL DIRECT EXPOSURE TO GLOBAL OIL PRICES
    • LIMITED EXPOSURE TO LOWER SPOT GAS PRICES
    • EXECUTED A NEW FIXED-PRICE GAS SALES AGREEMENT WITH AGL FOR FIRM GAS PRODUCTION FROM 2020 THROUGH 2022
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6.0¢ 		Change
0.001(1.69%) 		Mkt cap ! $45.16M
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