• Central Petroleum completes transaction with ADZ Energy
• Expands into Cooper and Otway Basins
• Strengthens Central's position as a major domestic energy supplier

Central Petroleum Limited (ASX: CTP) has announced that the transaction with ADZ Energy, as referred to in its previous ASX announcement dated 22 December 2025, has become unconditional following the satisfaction of all conditions precedent. The transaction is scheduled to formally complete on 23 January 2026. This strategic expansion into the Cooper and Otway Basins aligns with Central's goal of becoming a major domestic energy supplier, in addition to its existing exploration, appraisal and development plans across 169,112 km² of tenements in the Northern Territory, including some of Australia's largest known onshore conventional gas prospects in the Amadeus Basin. The completion of this transaction marks an important milestone for Central Petroleum as it continues to grow its presence and diversify its asset portfolio within the Australian energy sector.