Sep 06, 2017

More gas acreage goes out to tender

More gas acreage goes out to tender

The State Government opened tenders today for almost 400sq km of highly prospective land in the Surat and Bowen Basin, with a requirement that gas produced goes to the Australian market.

It comes just a day after Natural Resources and Mines Minister Dr Anthony Lynham announced that Queensland company Senex had won the pilot tender to explore a block in the Surat.

“The key to meeting east coast gas supply needs is more gas, not taking gas from one party to give to another,” Dr Lynham said.

The two new areas total cover 395km2 and lie just north of the townships of Miles and Surat in south-west Queensland. Tenders close on December 8.

“I expect to be able to announce the preferred tenderers in the first quarter of next year,” Dr Lynham said.

Queensland Resources Council (QRC) chief executive Ian Macfarlane praised the Queensland Government’s approach to easing the east coast gas shortage.

“In 24 hours, the Queensland Government has awarded 58sq km of prime acreage to Senex and today opened close to 400sq km of highly prospective land in the Surat and Bowen basins,” Mr Macfarlane said.

“The New South Wales and Victorian governments must follow in the footsteps of the Queensland Government and work with industry, otherwise gas will just move from one state to another while prices rise. We can’t ask businesses to dim the lights or buy diesel generators over summer we have to supply them with more gas.”

Interested parties should register on QTenders at www.hpw.qld.gov.au/qtenders and search for PLR2017181 to download the tender and related documents.

Tenders opened today for almost 400sq km of highly prospective land in the Surat and Bowen basins.

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