Nimbin Kyogle Byron Bay Lismore Casino Ballina NSW Gas Supply Australia Domestic Gas Outlook 2015 March 2015 Grafton Page 1
NSW gas supply is important Gas supply is important to NSW: - more than one million households and 33,000 businesses in NSW rely on gas Gas supply shortages are imminent and prices are forecast to climb Relying on reservation…
Metgasco can contribute to NSWs energy needs Capital Structure Operated in Casino area for 10 years: ASX code MEL Share price (at 23 March 2015) 0.020 More than 50 wells drilled, mainly CSG Market Capitalisation (million) 9 Shares on…
Gas industry should not be controversial Benefits of industry demonstrably outweigh costs Natural gas used in millions of Australian homes every day clean, non-toxic More than 3,000 conventional wells and 6,000 CSG wells in Queensland…
Four years of industry frustration Metgascos NSW experience over the last four years An effective moratorium from March 2011 to September 2012 February 2013: 2 km exclusion zone announced New responsibilities within government…
Exploration licences and local communities Metgasco - the only active explorer in the region over the last four years most of our activity has been between Casino and Kyogle Kyogle Nimbin Byron Bay 270,000 people live in broader…
Rosella well protest action Protests experienced with early 2013 drilling Police supported operation Protestors started assembling outside Rosella well site from January 2014 Repeated acts of intimidation, property damage and…
Suspension of Rosella drilling approval 14 May; Rosella drilling approval suspended, only days before drilling rig due to arrive Justification: failure to comply with community consultation guideline genuine and effective. No warning…
NSW energy debate has been hijacked by the Greens Debate on the basis of science and engineering almost non-existent Debate and decisions based on misinformation, undisciplined use of social media and intimidation NSW Government has…
Requirements for a successful NSW gas industry Policies that encourage companies to risk shareholder funds on exploration and development Regulations that manage risk, not regulations for regulations sake: Based on science and…
Metgascos future Metgasco has significant NSW gas resources NSW gas shortages are forecast With the right government support, Metgasco can add value to NSW Metgascos immediate NSW activity influenced by outcome of Supreme Court…
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