Central Petroleum Limited is an oil and gas exploration and production company. The Company is focused on supplying reliable energy to Australians. It has a diverse portfolio of producing and prospective gas tenements across the Northern Territory (NT) and Queensland. Its segments include Producing assets, Development assets, and Exploration assets. Producing assets are engaged in the production and sale of crude oil, natural gas and associated petroleum products from fields that are in the production phase. Development assets include fields under development in preparation for the sale of petroleum products. Exploration assets include exploration and evaluation of permit areas. Its key production area is the Amadeus Basin, where it produces oil and gas from its Mereenie, Palm Valley and Dingo fields. Its license area includes Amadeus Basin, Pedirka Basin, and Wiso Basin. Its Amadeus Basin includes Southern Amadeus and Ooraminna Retention Licenses.