Central's $130M Mereenie gamble

RICHARD Cottee has completed another coup in Central Australia, using his close relationship with Santos to secure a 50% operating interest of the Mereenie oil and gas field in the Amadeus Basin in a move that sets Central up as a major beneficiary of the proposed Northern Territory-East Coast Interconnector.

Central's $130M Mereenie gamble Central's $130M Mereenie gamble Central's $130M Mereenie gamble Central's $130M Mereenie gamble Central's $130M Mereenie gamble

With the stroke of a pen Central has not only added a second producing oil asset to its Surprise West field, but it has realised the company's long-held ambition of having a stake in all of the NT's

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