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How Will Central Petroleum’s New Otway and Cooper Basin Assets Transform Its Growth?
9:52pm on Tuesday 27th of January, 2026 AEDT
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Energy
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How Will Central Petroleum’s New Otway and Cooper Basin Assets Transform Its Growth?
9:52pm on Tuesday 27th of January, 2026 AEDT
Key Points
Acquisition of 20% interest in PEP 169 (Otway Basin) and 49% in Cooper Basin permits
Multi-well drilling program planned over next 18 months, beginning with Enterprise North well
Enterprise North prospect holds estimated 79 Bcf gas in place with potential for near-term production
Cooper Basin permits reactivated after nine years, with drilling expected in first half of 2027
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