Central Petroleum Limited (ASX:CTP) Appointment of New Director

(MENAFN- ABN Newswire) Brisbane, Oct 24, 2017 AEST (ABN Newswire) - Central Petroleum Limited () () ("Company" or "Central") is pleased to advise that Mr Martin Kriewaldt has been appointed to the Central Board as an Independent Non-Executive Director. This is the first appointment in satisfying Central's commitment to augment and expand the current Board of Directors.

Martin is a Life Fellow of the Australian Institute of Company Directors, a former recipient of the AICD Gold Medal, with a highly regarded history of director roles including, amongst others, Suncorp Group Limited and Oil Search Limited.

Robert Hubbard, Chairman of Central said, "I very much welcome Martin to the Board of Central. Martin is a highly talented and accomplished non-executive director whose skills and experience will be of great value to Central as we pursue our strategy to become a significant onshore gas producer".

"Martin's appointment is consistent with my commitment to shareholders to augment, expand and change the current Board. I expect to announce further changes prior to the AGM", said Mr Hubbard.

To view the resume summary of Martin Kriewaldt, please visit:



About Central Petroleum Limited

()() is an oil and gas explorer and producer listed on the Australian Securities Exchange focused on supplying the domestic gas market. Central is advancing several separate projects across what is regarded as the biggest package of proven and prospective oil and gas acreage across central Australia. This spread of assets gives Central multiple options for growth and development. 88% of this land being gas prone has led to the Company's focus on becoming a major domestic gas producer.

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