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CENTRAL PETROLEUM LIMITED Capital/Financing Update 2021

Sep 9, 2021

64718_rns_2021-09-09_f1f0dfa4-9cfc-4910-a04d-9783d9a4fd46.pdf

Capital/Financing Update

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10 September 2021

Regulatory Approval Received from Northern Territory Government

The Northern Territory Government has today provided its regulatory approval to New Zealand Oil & Gas in relation to the transaction to acquire Amadeus Basin Assets from Central Petroleum. This satisfies a key condition precedent of the transaction.

The transaction was announced on 25 May 2021 and has an effective economic date of 1 July 2020.

Conditions remaining to be satisfied include other third party approvals.

For further information please contact the Company on: email [email protected] phone +64 4 495 2424