More gas exploration for Queensland

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Image credit: www.qrc.org.au
Media Release

Queensland is strengthening its position as the most reliable supplier of gas on the East Coast with Santos and Denison Gas to explore for gas in the State’s energy rich land said the Queensland Resources Council.

QRC Chief Executive Ian Macfarlane said onshore investments in gas exploration was good news for regional Queensland.

“We back our resources industry in Queensland, and that means industry and Government working together to increase the supply of gas for both domestic and LNG customers while supporting local jobs,” Mr Macfarlane said.

“I thank the Queensland Government for its proactive approach to opening up land for gas exploration but it is essential that we have stable and reliable regulation for our resources sector to continue to attract the investment that builds our State and delivers for every Queenslander.”

These tenures follow the release of more than 6700 square kilometres of land for exploration last week from Goondiwindi to Blackwater.

Santos would explore over 2000 square kilometres across areas in the Bowen and Surat basins with almost half of the gas produced for the domestic market.

Denison Gas has signed up to explore 568 square kilometres south-east of Emerald with a domestic-only supply condition.