Central Petroleum Limited (ASX:CTP) (“Central” or the “Company”) has pleasure in announcing that it has issued a Letter of Intent (LOI) to Hunt Energy and Mineral Co. Australia Pty Ltd (Hunt), notifying the Company’s intent to engage Hunt to provide Hunt Rig 3 for the intended drilling of up to 3 wells, the Surprise-1 re-entry, Madigan or Simpson East and Mt Kitty in a liquids focussed drilling programme on Central’s acreage position in central Australia.
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