Avent Energy Limited

Central Australia

Strategic interest in Central Petroleum Ltd

Advent holds a large shareholding in Australian onshore hydrocarbon explorer Central Petroleum (ASX: CTP). Central Petroleum Ltd (Central) is one of Australia's largest net onshore acreage holders with permits spanning more than 260,000 square kilometres. Since 1998, Central has undertaken a highly focused strategy to secure acreage within the areas it considers to be the most prospective for oil and gas within central Australia. Central believes that the oil and gas potential of central Australia has been significantly overlooked and the area remains one of the true under-explored and under-developed proven petroleum provinces within Australia.

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