Senex Gets OK for Queensland Gas Project

Queensland government has given the environmental green light to Senex Energy to develop its 100%-owned Western Surat Gas project, Senex said December 8.

“We are making great progress on the Western Surat Gas Project, systematically achieving the milestones to move into the development phase. 2018 is set to be an exciting time, with the production of material gas from the Phase 2 wells, and all the pieces in place for us to make the next material investment decision on the project,” said Senex CEO Ian Davies.

The company has now got the approval from the state to develop up to 425 wells with gas and water gathering networks, compression facilities, and water management infrastructure. It expects to receive all remaining state and Commonwealth regulatory approvals for the development of the project by the end of the financial year 2018, including the grant of a petroleum lease.

The Western Surat Gas project involves the delivery of coalbed methane (CBM) from an area spanning about 915 km² of Senex permits, north of Roma in Queensland. In September 2015, Senex said it had agreed with Gladstone LNG (GLNG) to develop the project, and in December 2015 Senex completed the sale transaction with GLNG.