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Central Petroleum Locks in Multi-Year Gas Deal and Boosts Palm Valley Output by 40%
9:52am on Monday 13th of April, 2026 AEST
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Energy
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Central Petroleum Locks in Multi-Year Gas Deal and Boosts Palm Valley Output by 40%
9:52am on Monday 13th of April, 2026 AEST
Key Points
Binding gas sales agreement for up to 21 PJ through 2034
Two new Palm Valley wells to start drilling mid-2026
Production capacity expected to rise by circa 40%
Expanded $15 million loan facility to fund drilling and exploration
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