They’ll be helping with associated operating assets such Mereenie Oil and Gas Field, Palm Valley Gas Field, Dingo Gas Field and Surprise Oil Field.
Flagstaff Partners are a leading independent corporate advisory firm based in Melbourne.
The farm-out process is already underway with critical path items for the CY2020 Exploration Programme being progressed throughout to maintain CY2020 drilling targets.
The farm-out process is targeting completion by mid-2020.
Shares in Central Petroleum (ASX:CTP) closed flat at $0.14 yesterday.