Central Petroleum Limited announced the Dingo Gas Project pipeline and plant has been successfully commissioned and the necessary regulatory approvals to operate being obtained.

The Project was completed ahead of schedule and 10% below budget which also satisfies the Company’s requirements to have a physical connection to the Owens Springs Power Station ready in order to deliver gas under the Gas Sales Agreement. Actual physical Dingo gas sales will commence as soon as the customer’s engineering and tie-in to the Company’s delivery point at Owen Springs Power Station has been completed.

In establishing the Dingo Gas Project, Central has developed three important employment strategies to sustain its Northern Territory operations: • Family Values for Working Families - Under this strategy Central maximises the number of employees who can commute daily from their homes in Alice Springs. The commissioning of Dingo Gas Project enables this strategy to be implemented as the Dingo Gas Field will be remotely operated from Brewers Estate on the outskirts of Alice Springs. • Northern Territory for Northern Territorians - Under this strategy, to the extent that Central needs to employ people at remote locations, to the maximum extent possible those employees will be based at Alice Springs and “bussed” in from there rather than depending on Fly In Fly Out workers from elsewhere in Australia.

Tags: Central Petroleum Limited