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OIL & GAS

Central Petroleum back in the black after decade-long struggle

Major NT government gas deal drives major profit turnaround

Rueben Hale
Mereenie gas field in the Northern Territory.

Mereenie gas field in the Northern Territory.

Central Petroleum has posted its first favourable net cash position in a decade, coming in $800,000 in the black as of June 2024, marking a major financial reversal for the junior gas producer.  The...

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