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AGL Energy Limited (ASX:AGL) has voluntarily suspended pilot production testing at its Waukivory Pilot Project near Gloucester in New South Wales
The energy provider made the call after identifying toxic chemicals in flowback water taken from two of the four wells and from an aboveground water storage tank.
Managing Director Michael Fraser says the decision was made because of the community’s concern about toxic chemicals and in the interests of acting prudently.
The controversial coal seam gas pilot program is expected to remain suspended until a full review of the sample results has been completed.AGL Energy reported a net profit of $570 million in the 2014 financial year.
News: AGL Energy suspends coal seam gas pilot program
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