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Central Petroleum Ltd, Patersons - Oil and Gas Research

- CTP has announced the termination of Mr John Heugh as CEO of CTP (remaining as non-executive director) and the appointment of acting CEO Dalton Hallgren formerly COO. CTP will be undertaking a search for the permanent CEO immediately.

- CTP have also announced in an operations update that new initiatives have been announced to expedite and promote farm-out opportunities so as to spread and reduce risk with encouraging results to date and for the right deal they no longer have a requirement to be operator of their projects.

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