Central Petroleum Limited · ASX:CTP

Central Petroleum — Investor Presentation (October 2026)

13 slides from Central Petroleum's investor presentation, Oct 15, 2026

  1. Slide 1: Investor Update

    rsonal use only October 2026 Investor Update Central Petroleum Limited | ASX: CTP

  2. Slide 2: Underlying strength

    Underlying strength Strong underlying operating performance and strategic initiatives Operating momentum Strategic achievements rsonal use only ✓ Revenue up. ✓ New multi-year gas contracts secured Higher sales revenue in ✓ Final investment decision for two new Palm FY2026. Valley wells ✓ Margins up.

  3. Slide 3: Strong results

    Strong results Improved margins more than offset lower volumes $44.7m $4.96/GJe $17.0m rsonal use only SALES REVENUE SALES MARGIN* UNDERLYING EBITDAX +3% vs FY2025 +5% YoY –9% vs FY2025 +36% vs FY2024 36% Realised portfolio price: $10.10/GJe Statutory loss: $4.9m +10% vs FY2025 includes large items:

  4. Slide 4: The stage is set

    The stage is set Central is set for a period of high-impact activity and improving free cash flow rsonal use only Multi-year Gas Sale Agreement with the NT Government ✓ Two new Palm Valley wells - PV14 to be commissioned this month ✓ Palm Valley production firmed through 2034 ✓ Potential to lift gro

  5. Slide 5: Increasing cash flows

    Increasing cash flows Higher volumes and margins underpin a step-up in operating cash generation $20.4m $15m rsonal use only CASH BALANCE BANK FACILITY Potential new Palm at 30 June 2026 available if required Valley production Cash-flow drivers Overlifted Average gas repaid since ✓ New contracts - h

  6. Slide 6: New Palm Valley production

    New Palm Valley production Two new wells could boost Central’s gas production by circa 40% Palm Valley 14 (PV14) rsonal use only • Measured depth of 2,942m (production zone to 2,729m) • Targeted northern flank of Palm Valley anticline • Drilled, completed and to be commissioned later this month • In

  7. Slide 7: Expansion into proven onshore basins

    Expansion into proven onshore basins Lower-cost, near-term drilling close to existing infrastructure opens direct access to high-value gas markets Expanded exploration footprint rsonal use only • Now includes two proven Australian onshore basins: • Onshore Otway Basin - 20% interest in PEP 169 • Coo

  8. Slide 8: Otway Basin

    Otway Basin Enterprise North offers material gas upside close to Victorian demand and infrastructure Enterprise North-1 rsonal use only Planned for mid-2027* • Initial focus: Enterprise North, an amplitude-supported prospect 2.5km up dip and along the spill path from the producing Enterprise field*

  9. Slide 9: Cooper Basin

    Cooper Basin A mature petroleum province with drill-ready options and rapid routes to market Two wells planned in 2027* rsonal use only • Established petroleum province with a long history of discoveries • Relatively underexplored after acreage suspension from 2016 to 2025 • Extensive existing seism

  10. Slide 10: Transformational activity in the next months

    Transformational activity in the next 18 months High-impact drilling across three basins, supported by stronger operating cash flow rsonal use only Expected timing Target Milestones Q1 FY2027 Gas Overlift volumes fully repaid and visible in cash flows (freeing up future cash flow from gas sales of 2

  11. Slide 11: Appendix 1: Resources information

    Appendix 1: Resources information Resource upside from exploration at Enterprise North (Vic, Otway Basin) and Jacko Bore (NT, Amadeus Basin) ENTERPRISE NORTH MT KITTY / JACKO BORE rsonal use only 100% JV Central (20% interest) Central (30% interest) Gas in place1 Prospective Gas in place1 Prospectiv

  12. 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

  13. Slide 13: Contact and further information

    Contact and rsonal use only further information LEVEL 7, 369 ANN STREET Brisbane QLD 4000 +61 (0)7 3181 3800 Australia info@centralpetroleum.com.au www.centralpetroleum.com.au This presentation was approved and authorised for release to ASX by Leon Devaney, Managing Director and Chief Executive Offi

Central Petroleum — Investor Presentation (October 2026) on 6ix