Central Petroleum Limited · ASX:CTP
Central Petroleum — Shareholder Meeting (November 2025)
13 slides from Central Petroleum's shareholder meeting presentation, Nov 20, 2025
Slide 1: 2025 Annual General Meeting
For personal use only 2025 Annual General Meeting 20 November 2025 Central Petroleum Limited (ASX:CTP)
Slide 2: Key achievements: 12-month review
Key achievements: 12-month review For personal use only ✓ Commenced a major multi-year NTG GSA into a tightening NT gas market ✓ Completed two new production wells at Mereenie (ahead of schedule, under budget and above initial production targets) ✓ Significant improvement in financial performance an
Slide 3: FY2025 financial performance
FY2025 financial performance Underlying profit: $6.5m FY2025 margins up 26% (ex-depreciation) For personal use only ▪ Up from $1.4m underlying loss in FY2024 ▪ Full year margin increased 26% to $4.60 / GJe from FY2024 ▪ New contracts have significantly boosted average gas price and Underlying EBITDA
Slide 4: Strong financial position
Strong financial position Reduced debt liability costs For personal use only ▪ Loan facility $23.4m at 30 Sept ▪ Fully repaid by 2030 ▪ No mandatory principal repayments before March 2027 ▪ No penalty for early repayments, no redraw on pre-paid amounts ▪ 2 TJ/d cash boost of circa $7.3m pa from May
Slide 5: Share buy-back
Share buy-back Share buy-back program For personal use only ▪ Central’s maiden shareholder return milestone ▪ 12-month on-market share buy-back program established ▪ Buy-back of up to 10% of issued capital over 12 months ▪ At recent prices, this could range from $2m (5%) to $4m (10%) ▪ Share buy-bac
Slide 6: NT market remains short near-term, uncertain long-term
NT market remains short near-term, uncertain long-term NT Gas Market Update ▪ NT gas market is currently short: ▪ Blacktip appears to be in rapid decline after For personal use only commencement of a new well earlier this year ▪ Growing reliance on high-cost diverted LNG ▪ NT production is now insuf
Slide 7: Sub-salt asset spin-off and merger: transaction overview
Sub-salt asset spin-off and merger: transaction overview Sale of 3 sub-salt permits to Georgina Energy Plc (GE) For personal use only Conditional sale of three sub-salt permits prospective for helium, hydrogen and hydrocarbons to GE: ▪ Mt Kitty / Jacko Bore (EP125) ▪ Dukas (EP112) ▪ Magee / Mahler (
Slide 8: Sub-salt asset spin-off and merger: creating shareholder value
Sub-salt asset spin-off and merger: creating shareholder value Focused and funded ▪ Central will receive a 25% interest in GE, a London Stock Exchange-listed, pure-play helium, hydrogen and hydrocarbon vehicle, For personal use only with interests in five prospects in central Australia and fully-fun
Slide 9: Capital allocation strategy
Capital allocation strategy Allocation options Potential benefits Considerations ✓ Share buy-back Potentially value accretive at Buy back open until November 2026 For personal use only prevailing share price Regulatory constraints on share buy-back purchases ✓ Cash-settle equity Reduces dilution at
Slide 10: Appendix 1: Reserves and Resources information
Appendix 1: Reserves and Resources information Reserves and contingent resources Reserves Contingent Resources For personal use only Proved Proved & Best estimate Central – existing producing fields Probable (Central share) Units 1P 2P 2C Mereenie Oil mmbbl 0.31 0.39 0.05 Mereenie Gas PJ 28.9 37.9 4
Slide 11: Appendix 1: Resources information
Appendix 1: Resources information Prospective Resources Units Low Estimate Best Estimate High Estimate Mean Prospective Resources For personal use only Dukas (EP112) Central 45% interest The volumes of Prospective Resources included in this report Helium Bcf 7.7 51.3 212.4 89.6 represent the unriske
Slide 12: Notice and Legal Disclaimer
Notice and Legal Disclaimer To the maximum extent permitted by law: This presentation is not intended for prospective investors and does not purport to provide all of the information an interested party may require in order to investigate the affairs of Central Petroleum Ltd (“Company”). This presen
Slide 13: Contact and Further Information
Level 7, 369 Ann Street Brisbane QLD 4000 For personal use only Contact and Australia Further Information +61 (0)7 3181 3800 info@centralpetroleum.com.au This presentation was approved and authorised for www.centralpetroleum.com.au release to ASX by Leon Devaney, Managing Director and Chief Executiv
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