AUD

Mereenie Production Wells WM27 & WM28 Completed And Rig Released

Posted on 28/09/2021

Mereenie

The operator of the Mereenie joint venture, Central Petroleum Limited (ASX:CTP) (“Central”) has advised that drilling and completion of the new production wells WM-27 and WM-28 has been completed and the Easternwell Rig 27 was released on 23 September 2021. 

The operator of the Mereenie joint venture, Central Petroleum Limited (ASX:CTP) (“Central”) has advised that drilling and completion of the new production wells WM-27 and WM-28 has been completed and the Easternwell Rig 27 was released on 23 September 2021.

Central’s announcement and media release is attached, the key points are:

New Zealand Oil & Gas Group has agreed to purchase interests in three producing Northern Territory assets from Central. All conditions precedent to the transaction have now been satisfied and the parties will move to complete the transaction on 1 October 2021in accordance with the terms of the sale and purchase agreement.

Documents

577-Media-Release-Mereenie-well-campaign-PB-1.pdf