Central Petroleum has taken a key step towards securing partners for its 2020 exploration program at a range of Northern Territory oil and gas projects.
The company has appointed Flagstaff Partners as an advisor for the farm-out of its exploration targets and associated operating assets, including the Mereenie oil and gas field, Palm Valley gas field, Dingo gas field and Surprise oil field.
Central has already started the farm-out process, with critical items for its 2020 exploration program, such as well design and procurement of long lead items, being progressed to maintain drilling targets.
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