Commercial shale gas at Moomba

20/08/2012

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The South Australian Government has welcomed the announcement by Santos that its Moomba 191 dedicated shale well is commercially viable.

Premier Jay Weatherill said it was a major milestone for the unconventional gas industry in South Australia.

The well, located in the Cooper Basin in the State's North East, will be the first dedicated shale well to be brought into production in Australia.

Premier Weatherill said it was a significant boost for both Santos and its partners, Origin Energy and Delhi Petroleum (Beach Energy).

"Once regarded as something that would happen in the future, this discovery will lead to unconventional gas being used in households around the State as early as next year," Mr Weatherill said.

"It adds momentum for unconventional gas exploration and development in the South Australian Cooper Basin.

"Through the Department for Manufacturing, Innovation, Trade, Resources and Energy, South
Australia has been leading the nation in this field for a long time and we are now well-positioned to capitalize on the huge potential of this resource.

"This is just the sort of outcome contemplated by South Australia's Roadmap for Unconventional Gas Projects."

Mineral Resources and Energy Minister Tom Koutsantonis said the discovery would give a new lease of life to the Cooper Basin.

"It will deliver hundreds of millions of investment dollars to the State and set a course for the
environmentally sustainable development of this State's large endowment of unconventional gas," Mr Koutsantonis said.

Mr Koutsantonis said South Australia's Roadmap for Unconventional Gas Projects was an example of South Australia leading the nation in the regulation of upstream petroleum operations.

"The Roadmap is intended to inform investor strategies as well as build public confidence in the Government's policies, programs and regulations of the unconventional gas resource sector."

Further information on the Roadmap is available by visiting;
http://www.petroleum.dmitre.sa.gov.au/SA_Unconventional_Gas_draft_roadmap
http://www.petroleum.dmitre.sa.gov.au/SA_Unconventional_Gas_roadmap_draft_recommendations
http://www.petroleum.dmitre.sa.gov.au/SA_Unconventional_Gas_roadmap_workshop