CAPITAL INVESTMENTS – QUEENSLAND

Santos in $400m bid to lift gas supply

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 17 : 1-Jun-18

Santos has confirmed that it will proceed with the Arcadia gas project in Queensland’s Bowen Basin, which will boost coal-seam gas supplies to the Gladstone LNG plant by 75 terajoules a day. Santos drilled 13 gas wells in a pilot project at Arcadia, and the full project will comprise 137 wells and associated infrastructure. About 300 jobs are expected to be created during the construction phase, while Santos MD Kevin Gallagher says Arcadia should help put downward pressure on east coast gas prices.

CORPORATES
SANTOS LIMITED – ASX STO, GLADSTONE LNG PTY LTD, PETRONAS GAS BHD, TOTAL SA, KOREA GAS CORPORATION, QUEENSLAND. DEPT OF NATURAL RESOURCES AND MINES

Shell first into crisis breach to shore up local gas supply

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Original article by Angela Macdonald-Smith, Mark Ludlow
The Australian Financial Review – Page: 12 : 22-Mar-17

Shell Australia will undertake a $A500m gas well drilling program in south-east Queensland. Dubbed Project Ruby, it could comprise up to 161 new wells, which will supply gas to both the domestic and export markets. Shell has also advised that the amount of gas it supplies to the domestic market will increase by 10 per cent in 2017, to more than 75 petajoules. Meanwhile, Shell Australia chairman Andrew Smith notes that it is cheaper to ship gas from the US to Victoria than from Queensland.

CORPORATES
SHELL COMPANY OF AUSTRALIA LIMITED, ROYAL DUTCH SHELL PLC, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, ARROW ENERGY LIMITED, PETROCHINA COMPANY LIMITED, QUEENSLAND CURTIS LNG PTY LTD, SANTOS LIMITED – ASX STO, GLADSTONE LNG PTY LTD, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET