Central Petroleum Limited · ASX:CTP
Central Petroleum — Investor Presentation (February 2026)
14 slides from Central Petroleum's investor presentation, Feb 12, 2026
Slide 1: Investor Update
For personal use only Investor Update 12 February 2026 Central Petroleum Limited (ASX:CTP)
Slide 2: Recent accomplishments and milestones
Recent accomplishments and milestones Central announced several significant strategic transactions to elevate its position in Australia’s evolving For personal use only energy landscape. ✓ New letter of intent for conditional1 multi-year Gas Sale Agreements that will: ✓ Contract firm gas production
Slide 3: Solid December quarter
Solid December quarter December quarter revenues: $10.4m For personal use only ➢ Oil offtake constraints impacted quarterly oil and gas revenues ➢ Alternative oil offtake arrangements now in place ▪ gas sales have returned to capacity from mid Dec Average since Jan 25 ▪ oil sales to remain below cap
Slide 4: NT gas market update
NT gas market update NT market shortfall being balanced by diverted LNG For personal use only ➢ NT gas market is currently short: ▪ Blacktip has been offline since late November ▪ Continuing reliance on high-cost diverted LNG ▪ Gas had to be imported from the east coast through reverse flow on the N
Slide 5: Long-term contracts provide cash flow certainty
Long-term contracts provide cash flow certainty The proposed GSAs will underwrite new wells and ensure a reliable income stream well into the next decade* For personal use only GSA for firm gas supply through 2034* ➢ Underwrites four new wells with drilling commencing in 2H 2026 at Mereenie and Palm
Slide 6: Expansion into proven onshore basins
Expansion into proven onshore basins Lower-cost, more prospective, near-term exploration drilling opportunities provide significant potential for For personal use only future growth in close proximity to existing infrastructure with direct access to buoyant gas markets Expanded exploration footprint
Slide 7: Otway Basin
Otway Basin The Enterprise North prospect is considered one of the most prospective onshore gas targets in Australia, For personal use only immediately north of the prolific Enterprise gas field Enterprise North-1 well planned for 2H 2026 ➢ Initial focus is Enterprise North, an amplitude-supported p
Slide 8: Seismic amplitudes in the Otway Basin
Seismic amplitudes in the Otway Basin Greater than 94% success rate for seismic amplitude supported prospects in the Otway Basin For personal use only Strong similarities between the Enterprise North prospect and the Enterprise gas field ➢ Very strong correlation between seismic amplitudes and prese
Slide 9: Cooper Basin
Cooper Basin Discoveries in the Cooper Basin can be brought online quickly via a network of existing oil and gas pipelines For personal use only accessing the east coast gas market, existing oil export facilities and trucking corridors Two to three Cooper Basin wells planned by early 2027 ➢ Mature a
Slide 10: Capital allocation priorities
Capital allocation priorities Allocation options Status Potential benefits Considerations For personal use only ✓ Otway/Cooper Completed ▪ Targeting an initial exploration Lower cost exploration with significant upside, providing a acquisitions drilling program of at least 3 wells new long-term grow
Slide 11: Transformational activity in next months
Transformational activity in next 18 months The next 18 months could see Central deliver at least seven new wells, including lower-risk development For personal use only and appraisal wells to boost near-term production and higher risk and higher-impact exploration wells across three basins Expected
Slide 12: Appendix 1: Resources information
Appendix 1: Resources information Enterprise North Resources Information For personal use only 100% JV Central (20% interest) Gas in place1 Prospective Gas in place1 Prospective Resource1 Resource1 (Bcf) (Bcf) (Bcf) (Bcf) High estimate 78.9 51.3 15.8 10.3 Best estimate 43.9 28.6 8.8 5.7 Low estimate
Slide 13: 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 14: 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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