Duyuru • Jul 21
Central Petroleum Limited Announces Resignation of Damian Galvin from CFO Central Petroleum Limited announced that Chief Financial Officer, Damian Galvin, intended to retire and provided notice of resignation from his position. Damian Galvin commenced with Central Petroleum Limited in August 2019. Damian Galvin will remain with Central Petroleum Limited during a transition period for an orderly handover of the role during his notice period. Central Petroleum Limited commenced a search process to appoint a new CFO. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Stephen Gardiner was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Stephen Gardiner was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jan 27
Central Petroleum Limited (ASX:CTP) acquired unknown minority stake in PEP169 in Otway Basin and PEL677 in Cooper Basin of ADZ Energy Pty Ltd from ADZ Energy Pty Ltd. Central Petroleum Limited (ASX:CTP) entered into binding Sale and Purchase Agreement to acquire an unknown minority stake in PEP169 in Otway Basin and PEL677 in Cooper Basin of ADZ Energy Pty Ltd from ADZ Energy Pty Ltd for AUD 13.1 million on December 22, 2025. Consideration for the acquisition is AUD 9.2 million upon completion plus Central’s participating interest share of specified back-costs; AUD 3.9 million success payment conditional on commercial success from the planned exploration well at EN; and A 5% royalty on future production from Central’s 49% interest in the Cooper acreage. Central to acquire a 20% interest in the Victorian exploration permit PEP169 in the onshore Otway Basin and a 49% interest in 24 South Australian Retention Leases (PRLs) and exploration permit PEL677 in the prolific Cooper Basin. ADZ to continue as operator.
Completion of the Sale and Purchase Agreements is conditional on consent from Central’s financier and ADZ obtaining certain security releases, by January 16, 2026. As of January 19 , 2026 Central Petroleum Limited advises that the transaction with ADZ Energy referred to in that announcement has become unconditional following all conditions precedent being satisfied. The transaction is scheduled to formally complete on January 23, 2026.
Central Petroleum Limited (ASX:CTP) completed the acquisition of unknown minority stake in PEP169 in Otway Basin and PEL677 in Cooper Basin of ADZ Energy Pty Ltd from ADZ Energy Pty Ltd on January 27, 2026. Central acquired 20% interest in the Victorian exploration permit PEP169 in the onshore Otway Basin and a 49% interest in 24 South Australian Retention Leases (PRLs) and exploration permit PEL677 in the prolific Cooper Basin. ADZ to continue as operator. Duyuru • Jan 08
Central Petroleum Limited Appoints Joel Riddle as Non-Executive Director, Effective January 12, 2026 Central Petroleum Limited announced the appointment of Mr. Joel Riddle as a director of the Company effective January 12, 2026. Joel joins Central with over 28 years of upstream E&P experience in the U.S. Gulf of Mexico, deepwater Indonesia and West Africa, and onshore Australia. Most recently, Joel was the former Managing Director and CEO of Tamboran Resources, having transformed that company from an early-stage, non-operated explorer to the largest operated acreage holder in the Beetaloo Basin in the Northern Territory. Board Change • Dec 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Stephen Gardiner was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Oct 17
Central Petroleum Limited, Annual General Meeting, Nov 20, 2025 Central Petroleum Limited, Annual General Meeting, Nov 20, 2025. Location: christie conference spaces, room r, level 2, 320 adelaide street, bisbane qld 4000, adelaide Australia Board Change • Aug 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Stephen Gardiner was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Stephen Gardiner was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Stephen Gardiner was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 19
Full year 2024 earnings released: EPS: AU$0.017 (vs AU$0.011 loss in FY 2023) Full year 2024 results: EPS: AU$0.017 (up from AU$0.011 loss in FY 2023). Revenue: AU$37.2m (down 5.4% from FY 2023). Net income: AU$12.4m (up AU$20.4m from FY 2023). Profit margin: 33% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Oil and Gas industry in Australia. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 22% per year. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Stephen Gardiner was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 7.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 7.4% per year for the foreseeable future. High level of non-cash earnings (52% accrual ratio). Minor Risk Market cap is less than US$100m (AU$33.3m market cap, or US$22.1m). Duyuru • Feb 06
Central Petroleum Limited Announces Resignation of Troy Harry as A Director Central Petroleum Limited announced the resignation of Mr. Troy Harry as a director of the Company effective 5 February 2024 (notification being provided post-market trading hours). Reported Earnings • Sep 19
Full year 2023 earnings released: AU$0.011 loss per share (vs AU$0.029 profit in FY 2022) Full year 2023 results: AU$0.011 loss per share (down from AU$0.029 profit in FY 2022). Revenue: AU$39.3m (down 6.9% from FY 2022). Net loss: AU$7.96m (down 137% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. New Risk • Sep 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (AU$38.7m market cap, or US$24.9m). Duyuru • Sep 14
Central Petroleum Limited, Annual General Meeting, Nov 14, 2023 Central Petroleum Limited, Annual General Meeting, Nov 14, 2023, at 10:01 E. Australia Standard Time. New Risk • Sep 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$40.8m market cap, or US$26.3m). New Risk • Aug 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$46.0m market cap, or US$30.3m). Reported Earnings • Mar 03
First half 2023 earnings released: AU$0.015 loss per share (vs AU$0.042 profit in 1H 2022) First half 2023 results: AU$0.015 loss per share (down from AU$0.042 profit in 1H 2022). Revenue: AU$16.7m (down 29% from 1H 2022). Net loss: AU$11.2m (down 137% from profit in 1H 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Reported Earnings • Sep 17
Full year 2022 earnings released: EPS: AU$0.029 (vs AU$0 in FY 2021) Full year 2022 results: EPS: AU$0.029 (up from AU$0 in FY 2021). Revenue: AU$42.2m (down 30% from FY 2021). Net income: AU$21.3m (up AU$21.1m from FY 2021). Profit margin: 51% (up from 0.4% in FY 2021). The increase in margin was driven by lower expenses. Revenue is expected to fall by 1.5% p.a. on average during the next 2 years compared to a 1.2% decline forecast for the Oil and Gas industry in Australia. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 10
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.042 (up from AU$0.004 in 1H 2021). Revenue: AU$23.5m (down 19% from 1H 2021). Net income: AU$30.5m (up AU$27.9m from 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 30% compared to a 28% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jun 08
Insider recently bought AU$326k worth of stock On the 3rd of June, Troy Harry bought around 8m shares on-market at roughly AU$0.04 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 24
First half 2021 earnings released: EPS AU$0.004 (vs AU$0.005 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: AU$28.9m (down 19% from 1H 2020). Net income: AU$2.54m (down 21% from 1H 2020). Profit margin: 8.8% (down from 9.0% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. 
