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Central Petroleum Secures Long-Term Gas Deal and Starts Drilling at Palm Valley

9:52am on Friday 31st of July, 2026 AEST Energy
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Central Petroleum Secures Long-Term Gas Deal and Starts Drilling at Palm Valley

9:52am on Friday 31st of July, 2026 AEST
Key Points
  • New 10.5 PJ gas sales deal through 2034
  • Palm Valley drilling underway for two new wells
  • June quarter sales revenue $10.9m, down 3.9%
  • Gas overlift liability fully repaid, cutting costs
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