Mar 25, 2020

State opens the way for more gas development

State opens the way for more gas development

Pure Energy Resources/Strata X and Santos Ventures have been given the green light to explore and develop gas on 164sq km of highly prospective land in south-west Queensland.

Mines Minister Dr Anthony Lynham said Pure Energy/Strata X’s Venus project would explore a 153q km block west of Miles and Santos would explore two blocks totalling 101sq km near the Wallumbilla gas hub.

“The Palaszczuk Government is doing all we can to get more gas into the market, because industry here and around the world need our mineral and energy resources,” he said.

“Our resources will support business and industry in continuing to operate through this coronavirus pandemic, and, most importantly, keep people in jobs.”

It comes after joint venture partners Australian Pacific LNG and Armour Energy received approval earlier this month to develop up to 103 petajoules of gas over 30 years on land near Chinchilla.

Dr Lynham said even the ACCC’s latest gas report released in February 2020, recognised the Government’s measures to encourage gas exploration to further strengthen supply.

Since 2015 the Queensland Government has released more than 70,000sq km of land for gas exploration, with more than a quarter of it earmarked to supply the Australian domestic market. 

Recent Stories

Subscribe to IQ e-News Bulletins