CTP 3.45% 14.0¢ central petroleum limited

News: Central Petroleum makes early sale of gas to Power and Water Corp

  1. Central Petroleum (ASX:CTP) has reached an agreement for the early sale of gas from its Palm Valley Gas Field in the Northern Territory’s Amadeus Basin to the Northern Territory Government’s Power and Water Corp (PWC).
       
    Under the new arrangement, the company will immediately begin selling approximately 2 terajoules of gas per day from the field in advance of the commencement of the Dingo Gas Field.

    The Dingo field remains on schedule and under budget with completion expected in the second quarter of this year.

    The early gas sales from Palm Valley will be incremental to existing gas production under a gas sales agreement with Santos.

    Notably, the contracts are based on fixed domestic gas prices with CPI-escalation, shielding the company from oil price volatility.

     

 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
-0.01(3.45%)
Mkt cap $102.5M
Open High Low Value Volume
15.5¢ 15.5¢ 14.0¢ $175.1K 1.192M

Buyers (Bids)

No. Vol. Price($)
1 62983 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 77465 4
Last update - 16.10pm 15/10/2018 (20 minute delay) ?
(live)
Last
14.5¢
  Change
-0.01 ( 3.57 %)
Open High   Low Volume
15.0¢ 16.0¢   14.0¢ 681916
Last updated 15.56pm 15/10/2018 (live) ?
CTP (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.