Does Cnx have to pay money to CSIRO for this UCG technology while seeking approval from Qld gov.
CNX needs a lawyer to work out for 3 things
1. A certificate from EPA Australia
2. A water management, comprehensive report
3. A letter from DMP. Article below
1. CSIRO needs to provide this certificate at it own cost in order to get paid out of its technology.
UCG is similar term of CBM. Shale gas and tight gas are all the same things. Drillers are all targeting at deeper troughs. There're nothing to interfere with water aquifers at the shallow depths at around 600-1000m.
Buru Energy had gone ahead to get this certificate before It attempted to drill since last year.
TheFatz said "The area must defined for flora or fauna, whether they are endangered and any land clearing that might be required which might or might not be required to be restored to its original state after completion. You must leave the tenements environment as you found it and not leave any lasting environmental impacts hence the requirement for an environmental plan to cover off this piece of work and it must be approved before seismic (any drillings) to go ahead.
2. It's clearly that water problems come from CSG wells. For some of the wells that are not currently producing gas or they are under rehabilitation. The water must be empty periodically otherwise the water will flood the wells.
Linc energy must clean up their mess because of the lack of water management skills.
Santos has been doing extremely well with the water. The water is treated before flowing back to the river or It could be use for irrigation purposes.
Qld gov. has been planning to build more irrigation networks. They've been working on those water management systems since last year.
3. Federal's initiative is to promote CSG, shale gas and tight gas. Whatever it's CBM or UCG. The main point is to draw all of the gas out regardless the difference of the processes. That money and that royalty revenues to cover the budget deficits.
Some of those technologies are nearly a decade old. They've proven everywhere in US and Asia-Pacific and some middle east countries.
Julia Bishops went to WGC2015 to present her short speed "we need investments"
CNX is well placed in Qld even though there was a company who had moved to SA because of this problem.
Megasco could win the court case and Agl has the right to resume its operation both in NSW.
It is not the matter of time but It is a matter of fact. Cnx needs to prove and to provide more fact sheets.
Qld has abundant of gas resources. There could be more gas plays underneath the drilled CSG wells as I knew this by my ICN's Apt626.
If CNX could prove to draw more gas out from depleted CSG wells Then this is a heaven stock.
Department of Mines and Petroleum (DMP) specialists will participate in a two-day seminar on water management for shale and tight gas exploration and production where they will showcase how Western Australia regulates this emerging industry.
Leading international petroleum industry professionals and scientists will be in Perth next month for the seminar, on 8-9 June, which will focus on the emerging industry in Western Australia, as well as draw on experience from around the world.
Representatives of the Department of Mines and Petroleum (DMP) and the Department of Water will participate in the event, organised by the WA branches of the Association of Hydrogeologists, Society of Petroleum Engineers and the Australian Society of Exploration Geophysicists.
DMP Director General Richard Sellers said he was impressed by the line-up of speakers and the range of topics being addressed.
“This is a gathering of minds in the areas of hydrogeology, geophysics and engineering that is focused on protecting Western Australia’s groundwater,” he said.
“The role of the State Government representatives attending the seminar is to tell industry professionals and scientists how the shale and tight gas and hydraulic fracturing will be regulated in Western Australia to make sure that companies do the right thing and the environment and communities are protected.”
Program sessions will include local, interstate and international case studies and details of new and existing State Government policy on and regulation of the industry.
Mines and Petroleum Minister Bill Marmion will officially open the seminar.
DMP speakers at the seminar will include:
Petroleum Executive Director Jeff Haworth who will talk on new regulations and guidelines along with Tadas Bagdon, Executive Director, Department of Water Policy and Innovation,
Senior Environment Officer Brad Jakowyna discussing groundwater and environmental monitoring guidelines, and
Petroleum Geologist Nina Triche who will provide an overview of prospectivity of shale gas in Western Australia.