THE release of the Western Australian Government’s implementation plan for WA’s hydraulic fracturing inquiry is a step in the right direction and will help provide confidence in the sector, according to the Australian Petroleum Production and Exploration Association (APPEA).
The plan has outlined actions to implement the independent scientific inquiry’s recommendations and provides a pathway forward for developing some of WA’s onshore oil and gas resources.
APPEA chief executive Andrew McConville said the plan highlighted there were robust regulations in place for onshore exploration and development in WA.
“Hydraulic fracturing has been used safely in Western Australia for more than 60 years and the independent scientific inquiry confirmed that properly regulated, hydraulic fracturing is a safe practice,” Mr McConville said.
“Industry agrees with the Government that WA has a proud history of safe and responsible oil and gas operations, and the sector will work closely with regulators, stakeholders and regional communities to maintain this world-class approach.”
Mr McConville said it was vital that the recommendations were implemented with a genuine consideration of science and well-known risks.
“Like many other industries, technological advances in the petroleum sector have driven strong environmental and safety performances in recent years,” Mr McConville said.
“WA needs a stable policy framework to ensure certainty and confidence for companies to continue to invest in this important oil and gas state.
“WA heavily relies on major investment in resources projects to sustain employment and economic growth.
“APPEA and its members look forward to working with the WA Government and stakeholders to deliver the implementation plan to allow development of onshore oil and gas and deliver much-needed jobs and economic growth, especially in regional areas.”
Local explorer Whitebark Energy Ltd is amongst a number of companies that welcomed the release of the WA Government’s Fracturing Implementation Plan which charts the steps to be undertaken to incorporate the recommendations of the Scientific Inquiry into regulations.
}This marks the end of the ban on onshore fraccing and companies may now submit applications to the EPA for review.
The Warro Project can now anticipate a time frame when further work at the field can be considered. The Company holds a 100% interest in the undeveloped Warro Gas Project, about 200km north of Perth. The field has been appraised by the drilling, fraccing and testing of four wells which have confirmed the presence of a substantial gas resource,” Whitebark decaled.
In Western Australia, Whitebsrl holds a 100% interest, through wholly owned subsidiary Latent Petroleum, in the undeveloped Warro Gas Project, located about 200km north of Perth.
The field has been appraised by the drilling, fraccing and testing of four wells which have confirmed the presence of a substantial gas resource.