Project Atlas, Australia
Name of the Project
Project Atlas.
Location
The project is located south-east of Wandoan, in Queensland’s Surat basin, in Australia.
Client
Senex Energy.
Project Description
Project Atlas is a high-quality coal seam gas permit that contains P50 recoverable gas volumes of 201 PJ and is capable of sustaining production rates of more than 30 TJ/d at plateau.
The project entails the development of an estimated 100 wells and associated infrastructure.
Potential Job Creation
The project is expected to create 100 jobs over the life of the project.
Value
$200-million.
Duration
Delivery of first gas to the domestic market is scheduled for late 2019.
Latest Developments
Senex has been granted a petroleum lease and preliminary environmental approvals from the Queensland government to develop Project Atlas for domestic gas supply. The grant of the petroleum lease is a key milestone for the project, providing Senex on-ground access to progress environmental studies and other preliminary activities. Senex expects to receive all remaining State and Commonwealth approvals in mid-2019.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Senex Energy head of investor relations Tess Palmer, tel +61 7 3335 9719.
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