Friday 23 October 2020

2020 Oct 24th ENERGY COMPANIES IN THE KIMBERLEY - THEIA, BURU ENERGY, BLACK MOUNTAIN OIL AND GAS, SQUADRON ENERGY/GOSHHAWK ENERGY.

 1.  Theia Energy 

(Theia Energy is an independent Australian owned oil and energy company)

A project factsheet produced by Theia Energy (2018) claims that in their Canning Basin tenements in the Great sandy Desert region of Western Australia, some six billion barrels of shale oil were 'recoverable' of the tens of billions of barrels of oil estimated to be locked in the shale rock. 

Theia Energy Plan for the Canning Basin

  • 2015                  Hydrocarbon presence confirmed
  • 2020                  Confirm commercial Flow
  • 2020 FRACKING AGREEMENT REACHED
    Native title holders in the West Kimberley signed an Indigenous Land Use Agreement with a petroleum exploration company that will allow the use of fracking south-east of Broome.
    Theia Energy has been negotiating with the Karajarri people for more than a year, to gain necessary approval for their Great Sandy Desert Project, with an agreement signed off on Friday.20th August
  • 2020 Oct 15th Kimberley fracking project 'unlikely' under WA onshore gas export ban

    A Kimberley oil and gas fracking project that has gained the support of traditional owners after more than a year of negotiations is unlikely to go ahead under a WA gas export ban, the proponent says.  The revised WA domestic gas policy prevents gas extracted from land-based reserves from being sold outside of Western Australia.

  • 2020-2023         Appraisal and pilot production
  • 2024-2026         FEED and FID Infrastructure Development
  • 2027  onwards   FULL COMMERCIAL PRODUCTION


2.  BURU ENERGY 
 
Buru Energy was founded in 2008 and is headquartered in Perth, with a regional office in Broome.

The Company has a 50% operating interest in the currently producing, Ungani Oilfield and holds interests in an extensive portfolio of petroleum exploration permits covering approximately 5.5 million gross acres (3.53 million net acres) in the Canning Basin. Buru Energy is the largest acreage holder in the Canning Basin and is operator of all of its exploration permits.

Buru Energy conducted on frack program (2 actual fracks) of three staged hydraulic fractures at their Yulleroo - 2 Well near the Great Northern Highway about 78 kilometres east of Broome in October 2010.

2013 - Buru Energy successfully discovering gas deposits.

2014 - The Australian Department of Mines and Petroleum approved Buru Energy’s gas exploration program, giving the company the green light to begin fracking shale gas reserves located between 1.6 kilometres (1 mile) and 5 kilometres (3 miles) underground.

The same year, members of the Yawuru people’s Native Title decision making body voted overwhelmingly against Buru’s plan to frack on their Native Title land. They expressed concerns that there was a lack of information about the safety of fracking following a reported gas leak at Yulleroo in 2013.

2015 - Gas leak and submerged Well with concerns of water contamination 

This apprehension was compounded by reports of a second gas leak in 2015, and concerns of water contamination were raised after Yulleroo 3’s fracking pads were submerged by monsoonal rains during the most recent wet season, spanning October 2017 to March 2018. Buru Energy had previously deemed such a situation nearly impossible. Although the Yulleroo wells were inactive at the time due to the state-wide moratorium, the company could resume production there if the moratorium is lifted. 

Without the right to veto development, the Yawuru Traditional Owners’ only remaining recourse has been to request that Buru Energy agreed to meet certain conditions. However, under Australian law, companies are not required to do so.

3.  Black Mountain Oil and Gas (Texan private company with extensive fracking expertise)(has agreement with T.O.’s)


4.  Squadron Energy (Twiggy Forrest)/Goshawk Energy







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