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OIL & GAS

Central Petroleum strengthens earnings as new gas contracts drive recovery

Higher gas prices and successful drilling lift profitability despite lower sales volumes

Rueben Hale
Mereenie oil and gas field.

Mereenie oil and gas field. | Credits: Horizon Oil.

ASX-listed Central Petroleum has reported improved profitability for the half-year ending December 2024, supported by higher gas prices and operational efficiencies, despite a decline in sales volumes....

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