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Central Petroleum Ltd, Demobilisation of Rig

Central Petroleum Ltd (ASX:CTP) (“Central”) advises that the drilling of an appraisal well over the Surprise structure has been deferred pending the outcome of the planned Extended Production Test of the Surprise-1 RE H well and acquisition of 3D seismic over the Surprise structure.

Accordingly the Company will not be exercising the option to retain Hunt Rig #3.

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