Cash-poor Kimberley fracker Black Mountain expects WA decision soon
The US-owned company is seeking funds from investors to stay a going concern while it awaits state and Federal approval.
Most gas in Western Australia is produced offshore and exported as LNG, with some reserved for domestic use. Production from the onshore Perth Basin is increasing. WA is the most gas-dependent state in Australia.
The US-owned company is seeking funds from investors to stay a going concern while it awaits state and Federal approval.
UK-listed Georgina Energy plans to drill in the remote Little Great Sandy Desert in search of helium, hydrogen and natural gas.
WA Labor has used the advantages of incumbency to raise $1.6 million since May, ahead of a by-election in the once safe seat of Secret Harbour.
INPEX has spilled oil into Darwin Harbour, exposed offshore workers to dangerous mercury, and been prosecuted for under-reporting toxic emissions by more than 100-fold, all in the past 12 months.
The existing tax, PRRT, fails to capture a fair share of our vast gas exports.
INPEX bypassed equipment and ignored procedures agreed with the regulator that together were meant to keep the toxic metal contained.
The Premier’s threat to frack the Kimberley if Woodside’s Browse is blocked is nonsense as he exempted it from his export ban.
Australia's most gas-dependent state can be well supplied for decades without drilling near Scott Reef or fracking the Kimberley, according to an exclusive analysis by Boiling Cold.
Santos' $33 million of company tax in 10 years is less than one-thousandth of its Australian revenue, according to Market Forces.
Santos' Varanus Island is not producing gas. Nor are the shuttered North West Shelf and Wheatstone plants.
As Asia scrambles for gas, another Australian gas export plant is out of action, and the WA Government monitors the situation to ensure sufficient fuel for the state.
The troubled $6 billion flagship will be out of action "for a number of weeks," just as Santos' customers are desperate for gas to replace supply from the Middle East.
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