The gas dial has turned up in Queensland with new companies seeking gas for the domestic market and thousands of square kilometres being opened to exploration.
Energy Minister Dr Anthony Lynham said the 30,000 km2 of new land for exploration was one of the State’s largest ever land releases and includes more than 30 percent earmarked for domestic supply.
Six successful ventures have won the right to explore a total of 3450 square kilometres – two of them for gas for the domestic market only.
A new 30,000 km2 land release will open for bids on November 7 with land parcels near Roma, Longreach and Mount Isa across six basins – Bowen, Surat, Galilee, Adavale, Eromanga and Millungera.
For more information from the Queensland Resources and Exploration (QUREX) Gateway, click here.