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Central Petroleum Boosts Production and Revenue with Mereenie Well Success
5:59pm on Sunday 1st of June, 2025 AEST
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Energy
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Central Petroleum Boosts Production and Revenue with Mereenie Well Success
5:59pm on Sunday 1st of June, 2025 AEST
Key Points
New Mereenie well exceeds production target, boosting capacity to 30 TJ/d
Quarterly sales volumes rose 3% to 1.17 PJe; half-year volumes up 10%
Sales revenue increased 4.6% to $9.4 million for the quarter
Loan facility extended to 2029 with deferred repayments until 2027
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CENTRAL PETROLEUM (ASX:CTP)
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