Woodside tips in cash as Labor fights to get its employee into parliament
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.
Rhett Bennett is the Texas-based chair, CEO, and major owner of Black Mountain Energy, which plans to develop gas fields in the Kimberley using fracking. He is also ceo of Black Mountain Oil and Gas, which operates in the USA.
Investors beware: after spending more than $40 million in the Canning Basin, the US-owned company's continued pursuit of remote gas appears to be throwing good money after bad.
The green light for Black Mountain Energy comes just months after Federal experts said its environmental risk assessment was "limited and disjointed" and reached "largely unsupported" conclusions.
An independent review found Black Mountain conducted a "limited and disjointed" assessment that came to "largely unsupported" conclusions.
A company with less than $5 million in the bank and a boss who lives in the US will soon get a red or green light from WA's environment watchdog.
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