Fracking decision a blow to Forrest

Original article by Andrew Clennell
The Australian – Page: 22 : 28-Nov-18

Western Australia’s Premier Mark McGowan announced new hydraulic fracturing regulations on 27 November, following a review. He said that fracking will not be allowed in 98 per cent of the state, even though the review had found the risks associated with it are "low and manageable". Some of the licences held by a joint venture between Andrew Forrest’s Squadron Energy and Goshawk Energy will be impacted by the new regulations. Australian Petroleum Production & Exploration Association CEO Malcolm Roberts says it would have been preferable if the moratorium on fracking had been removed across the whole state.

CORPORATES
WESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINET, SQUADRON ENERGY, GOSHAWK ENERGY PTY LTD, AUSTRALIAN PETROLEUM PRODUCTION AND EXPLORATION ASSOCIATION LIMITED, BEACH ENERGY LIMITED – ASX BPT, BURU ENERGY LIMITED – ASX BRU, MITSUBISHI CORPORATION

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