Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 : 20-Jul-17
Origin Energy’s chief geologist David Close says the company could potentially resume a shale gas drilling program in the Beetaloo Basin in 2019 if the Northern Territory relaxes its ban on hydraulic fracturing. It has been estimated that the Beetaloo Basin region accounts for about 70 per cent of the NT’s shale gas reserves. Saul Kavonic of Wood Mackenzie says production of commercial volumes of shale gas in the Beetaloo Basin is unlikely before 2025 even if the ban on fracking is scrapped.
CORPORATES
ORIGIN ENERGY LIMITED – ASX ORG, WOOD MACKENZIE, SASOL LIMITED, FALCON OIL AND GAS LIMITED