Announced today on CTP - new farm in partner...QGC251108 Central...

Announced today on CTP - new farm in partner...QGC

251108 Central Petroleum Limited (Central - ASX ticker CTP) and Petroleum Exploration Australia Limited (PXA) Joint Venture
Central has previously announced that PXA has paid to Central, as Operator, approximately $5 million, representing outstanding cash calls (plus related interest) relevant to the broadacre joint venture between Central, PXA and various subsidiaries of Central.
The granted permits involved in the broadacre joint venture to date are EPs 82, 93, 105,106, 107, 112, 115,118 and 125. Progressively as more permits are granted, the Joint Venture may be expanded.
Central advises that:
• The issued shares in PXA have been sold to QGC (Exploration) Pty Ltd (QGC).
• All previous directors of PXA have resigned in favour of QGC nominees.
• Ian Mutton (a former Director of PXA) is no longer the Operating Committee representative for PXA.
• Dale McNeill of QGC is the new Operating Committee representative for PXA.
The Joint Venturers have agreed to suspend drilling and seismic field operations at least until the end of the Northern Territory wet season.

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Interesting QGC didn't announce it...