Central Petroleum Limited · ASX:CTP
Central Petroleum — Credit Suisse 5th Annual Australian Energy Conference 2018
8 slides from Central Petroleum's conference presentation, Jun 12, 2018
Slide 1: Australia, Here We Come
Central For personal use only AUSTRALIA, HERE WE COME Credit Suisse 5th Annual Australian Energy Conference 13-14 June 2018
Slide 2: Central's Strategy - Phase 1
CENTRAL’S STRATEGY For personal use only PHASE 1 • Triple Gas Sales for the Northern Gas Pipeline (NGP) – now in two stages due to external lateral upgrades • Get NT interconnected – achieved • Pipeline reform to mitigate tyranny of distance – substantially achieved • Upgrade existing facilities at
Slide 3: Plant Upgrades: Mereenie and Palm Valley
PLANT UPGRADES: MEREENIE AND PALM VALLEY • Total cost to Central is $15 million For personal use only • Initial stage (prior to upgrading Mereenie lateral) is: • 44 TJ/d firm at Mereenie • 15 TJ/d firm at Palm Valley • After debottlenecking of external pipelines and subject to results of Palm Valley
Slide 4: Central Petroleum's Sales Gas Schedule 2019
CENTRAL PETROLEUM’S SALES GAS SCHEDULE 2019 For personal use only Contracted (firm) ACQ - Net to Central (TJ/day) Existing Contracts (Palm Valley / Mereenie) 13 Macquarie Pre-Sale (Palm Valley / Mereenie) 5 Existing Contracts (Dingo) 4 New 2019 GSA - Stage 1 * 20 New 2019 GSA - Stage 2 ** 10 Residua
Slide 5: Central's Strategy - Phase 2
CENTRAL’S STRATEGY For personal use only PHASE 2 • Prove up the Stairway and Ooraminna • Increase recovery of Palm Valley • Drilling results will determine whether to just upgrade NGP or enough reserves to justify new pipeline dedicated to domestic market Credit Suisse 5th Annual Australian Energy C
Slide 6: Delivering New Queensland Acreage - ATPA 2031
DELIVERING NEW QUEENSLAND ACREAGE – ATPA 2031 • 77km2 coal seam gas acreage awarded on For personal use only 1 March 2018 by the Queensland Government for Australian domestic gas supply • ATPA 2031 is located midway between Miles and Wandoan in the eastern Surat Basin • The permit lies within the no
Slide 7: Enhanced Management
ENHANCED MANAGEMENT For personal use only ROSS EVANS appointed Chief Operating Officer with particular focus on Stage 1 with dotted line to Mike Herrington (now President – Operations & Chief Development Officer ROBIN POLSON appointed Chief Commercial Officer to focus on the commercial arrangements
Slide 8: Notice and Legal Disclaimer
NOTICE AND LEGAL DISCLAIMER To the maximum extent permitted by law: For personal use only 1. 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
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