Exploration

Central has performed studies to assess the prospectivity of the Arumbera Sandstone (PV12) at Palm Valley. A well proposal has been generated, and Central intends to drill this prospect in 2020 which is targeting a mean prospective resource of 131 PJ. Central has also performed studies to assess the prospectivity of the Palm Valley West structure (Stairway, Horn Valley and Pacoota targets), and outlined a field mapping work programme to mature the evaluation. An exploration well is planned for 2020 which is targeting a mean prospective resource of 51 PJ.