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Mereenie Development Well Wm28 Commences

Posted on 23 July 2021

The operator of the Mereenie joint venture, Central Petroleum Limited (ASX:CTP) (“Central”) has advised that WM28, the second Development well in the Mereenie Development Programme, was spudded on 21 2021 at 03.30hrs.

The update release is attached. New Zealand Oil & Gas announced on 25 May 2021 that it has agreed to acquire interests in three gas producing projects located in Australia’s Northern Territory from Central. The transaction remains subject to satisfaction of a number of conditions.