Permit award triggers Comet’s Galilee CSG campaign
COMET Ridge will kick-off an eight-well coal seam gas drilling program in the Galilee Basin, Queensland, next quarter after it was awarded permit ATP 743P by the Queensland government today.
Comet said the upcoming drilling program will target the thick Permian coals intersected in a number of petroleum and CSG wells drilling since the 1960s in the basin.
The drilling program will also cover ATP 744P, southeast of ATP 743P.
Comet said it had obtained native title agreements and environmental approval and expected to be awarded the permit soon.
Managing director Tor McCaul said all services for the program had been tendered and evaluated, and the company was now moving to finalise the contracts.
“We are also in the process of engaging and consulting with the relevant local shire councils, communities and landowners with a view of commencing the drilling program in the December quarter of this year,” he said.
“One key objective of the upcoming drilling program is to obtain coal thickness and gas content values over a wide area of the Comet Ridge portion of the eastern GalileeBasin to update the gas-in-place potential numbers ahead of any pilot production scheme.”
Comet holds 100% of ATP 743P and ATP 744P.
Monday, 7 September 2009
PNN
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