OPERATIONS

Central Petroleum a great success story with maiden profit

AUSTRALIAN onshore oil and gas explorer Central Petroleum has posted its first profit, after strong sales volumes of gas and resulting increases to revenues.

paul hunt

Central Petroleum a great success story with maiden profit

Central posted its full year results on Thursday, with a maiden profit of A$5.4 million, despite the oil price crash, a soft gas market and general challenges presented by the COVID-19 pandemic. ...

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