CTP central petroleum limited
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Sept 12 (Reuters) - Central Petroleum (CTP) : PEAK HELIUM...

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    12/09/23
    11:35
    Post #: 69824203

    Sept 12 (Reuters) - Central Petroleum (CTP) :

    • PEAK HELIUM FARMOUT STATUS
    • STATUTORY DEMANDS FOR DEBTS OWED TO RELEVANT CENTRAL SUBSIDIARIES WERE SERVED ON PEAK HELIUM
    • PEAK HELIUM HAS FAILED TO COMPLY WITH DEMANDS WITHIN PERIOD FOR COMPLIANCE
    • CENTRAL WILL CONSIDER VARIOUS OPTIONS AVAILABLE FOLLOWING THIS FAILURE
    • ON PEAK HELIUM'S DEFAULTS CO HAS BEEN ADVISED BY OPERATOR THAT PLANNED 3-WELL SUB-SALT EXPLORATION PROGRAM HAS BEEN PAUSED
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