Central Petroleum Limited · ASX:CTP
Central Petroleum — Investor Presentation (August 2025)
12 slides from Central Petroleum's investor presentation, Aug 8, 2025
Slide 1: Investor Update
For personal use only Investor Update 8 August 2025 Central Petroleum Limited (ASX:CTP)
Slide 2: Strong June quarter caps a record year
Strong June quarter caps a record year Quarterly revenue up 28% from Dec 2024 quarter Up 6% For personal use only ▪ New contracts have significantly boosted the average portfolio Up 22% price from January 2025 ▪ New Mereenie wells increased production capacity in Q3 ▪ Recovery of $0.6m in Q4 from pa
Slide 3: Successful Mereenie wells increase production capacity
Successful Mereenie wells increase production capacity New Mereenie wells exceed target For personal use only production rate Temporary pressure restriction ➢ Two new wells (WM29 and WM30) Mereenie during NGP scheduled outage successfully drilled and completed in Q3 maintenance ➢ Increased Mereenie
Slide 4: Contracts provide cash flow certainty
Contracts provide cash flow certainty For personal use only en r s nr e es Firm production contracted until 2027 ➢ Reliable, increased cash flows ▪ Gas contracts largely mitigate NGP interruptions for next three years ▪ Improved margins visible this year ▪ Secure take-or-pay provisions help to prote
Slide 5: Clear trend toward financial strength since 2019
Clear trend toward financial strength since 2019 Sustainable operating cash flows ▪ June quarter operating cash flow up 70% on March quarter For personal use only at $6.3m (including $1.3m exploration) ▪ Highest quarterly net operating cash flow since reduced ownership interests in late 2020 ▪ Furth
Slide 6: Recent accomplishments and milestones
Recent accomplishments and milestones For personal use only ✓ Successful EOI process concluding with major multi-year NTG GSA ✓ Drilled and commissioned two new production wells at Mereenie (ahead of schedule, under budget and significantly above initial production rate targets) ✓ Debt restructured
Slide 7: NT gas market update
NT gas market update NT market shortfall being balanced by diverted LNG For personal use only ➢ Blacktip well came online earlier this year with the es i s field producing over 40 TJ/d – currently production is around 34 TJ/d. ➢ Northern Gas Pipeline (NGP): ➢ re-opened in April 2025 after >1 year ➢
Slide 8: Maiden shareholder return: Share buy-back
Maiden shareholder return: Share buy-back Share buy-back program announced For personal use only ▪ 12-month on-market share buy-back period to commence from 15 September 2025 ▪ Buy-back of up to 10% of issued capital over 12 months ▪ At recent prices, this would be circa $4m for 10% or $2m for 5% ▪
Slide 9: Returning growth into the business
Returning growth into the business Existing cash reserves and positive cash flows provide options for growth For personal use only ➢ Production growth ▪ Potential new wells at Palm Valley and Mereenie ▪ Considering opportunities to reduce total drilling costs ▪ Ongoing marketing strategy for long-te
Slide 10: Summary of potential capital allocation options
Summary of potential capital allocation options Allocation options Potential benefits Considerations For personal use only ✓ Share buy-back Value accretive at prices Buy back to commence mid-Sept prevailing at that time ✓ Cash-settle equity Reduces dilution at prices To pay-out 50% of vested EIP rig
Slide 11: 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 r req ire in r er in es i e he ff irs f en r er e “ n ” his resen i n does not attempt to produce profi
Slide 12: 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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