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Central Petroleum Accelerates Drilling and Secures Long-Term Gas Supply Deal

10:01am on Monday 15th of December, 2025 AEDT Energy
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Central Petroleum Accelerates Drilling and Secures Long-Term Gas Supply Deal

10:01am on Monday 15th of December, 2025 AEDT
Key Points
  • Binding LOI with Power and Water Corporation for accelerated drilling
  • Four-well drilling program at Mereenie and Palm Valley fields
  • Long-term gas supply agreements targeting 25.5 PJ through 2034
  • Early works underway with drilling to commence mid-2026
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