Central Petroleum Limited has accepted all regulatory conditions clearing the way for the grant of the Dingo Petroleum Production Licence 7 (PL7) near Alice Springs in Australia's Northern Territory.

Central recently acquired the Dingo Gas Field. The Northern Territory Minister for Mines and Energy offered to grant PL7, which will convert from a Retention License to a Production License permitting gas production from the Dingo Gas Field.

Central has written to the Northern Territory Department of Mines and Energy accepting the offer and its conditions.

Tags: Central Petroleum Limited