Central Petroleum LimitedASX: CTP

FY2021 Annual Results and Business Update Presentation

· Issued by Central Petroleum Limited

Filed with ASX · · 27 pages · English

• $59.8M revenues; $26.1M EBITDAX • Funding from 3.5 PJ pre-sale agreement • Net debt reduced by 32% to $31.3M • Debt facility extended until September 2022 Range CSG Project – pilot drilled and testing commenced • Three pilot wells drilled and commissioned • Early gas flow demonstrates good gas saturation • Targeting 135 PJ of 2C contingent resource (net to Central) Asset sale executed – funding

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