The Queensland Government has granted environmental approval for Comet Ridge’s Mahalo gas project near Rolleston in Central Queensland.
It comes after the gas development last week gained approval under the Commonwealth Government Environment Protection and Biodiversity Conservation Act.
Comet Ridge managing director Tor McCaul said the third and last approval step, the issuing of the Petroleum Leases by the State Government, could now proceed.
The project involves construction and operation of 95 gas production wells about 40km north-east of Rollestonh.
It is held by Comet Ridge (40 per cent), Santos (30 per cent) and APLNG (30 per cent).
Mr McCaul said the award of federal and state environmental approvals over the past few weeks was the culmination of detailed environmental studies and analysis by the joint venture, which included significant field data collection and surveying of flora and fauna systems.
He said this Mahalo environmental work would provide a great basis for the environmental studies required for Comet Ridge’s 100 per cent-owned Mahalo North development.
Mr McCaul said the environmental field work for Mahalo North was planned to begin in the coming spring/summer season.
The company describes its Mahalo and Mahalo North projects as low-cost, sales spec gas plays close to Gladstone, targeting first gas by 2021.