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CENTRAL CONTRACTS HUNT RIG 3 - MOBILISATION TO COMMENCE

Central Petroleum Limited (ASX:CTP) (“Central” or the “Company”) has pleasure in announcing that following the recently announced Letter of Intent, it has now contracted with Hunt Energy and Mineral Co. Australia Pty Ltd (“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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