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Natural Gas (Canning Basin Joint Venture) Agreement Bill 2012
The purpose of this Bill is to ratify, and authorise the implementation of,
an agreement between the State and Buru Energy
Limited, Diamond Resources (Fitzroy) Pty Ltd, Diamond Resources (Canning)
Pty Ltd and Mitsubishi Corporation relating to the evaluation, development and
exploitation of natural gas resources in the Canning Basin region of the State,
and for incidental and other purposes.
Buru's 2010 fracking program took place on
the traditional country of the Yawuru people of Broome and surrounds.
Following this fracking program, Yawuru Chairman Patrick Dodson said that Yawuru
people are opposed to fracking on Yawuru country until they can be satisfied
that it doesn't pose a risk. It's a position that remains unchanged.
Buru Energy is planning to use the controversial process
of fracking in five gas wells between Broome and Derby.
16 May, 2013 - In an
announcement to the Stock Exchange this month, the petroleum exploration company
say they have "approvals underway" for a fracking program with "five wells ready
Buru Energy's Executive Director Eric Streitberg says the fracking program will be conducted on wells drilled into the
Laurel Formation which is a geological formation within the massive Canning
Buru Energy Limited
explores, evaluates, and develops oil and gas resources in Western
Australia. It has interests in petroleum exploration permits and
licenses covering an area of 16 million acres in the Canning Superbasin in the Kimberley region of Western Australia.
The Company’s Yulleroo 3 well is located in Exploration Permit EP
391 some 80 kilometers to the east of Broome.
The Asgard 1 well is located in Exploration Permit EP 371 some 180
kilometers to the southeast of Derby, and 30 kilometers northeast of
The Ungani North 1 well is located in Exploration Permit EP 391 some
100 kilometers to the east of Broome, and lies some six kilometers
north of the Ungani Production Facility. The Yulleroo 4 well is
located in Exploration Permit EP 436.
The Company’s subsidiaries include Terratek Drilling Tools Pty
Limited, Royalty Holding Company Pty Limited, Buru Energy (Acacia)
Pty Limited, Buru Operations Pty Limited and Yakka Munga Pastoral
Company Pty Limited.
Nexus Energy Limited is an oil
and gas exploration and production company.
Western Australia: As of June 30, 2012, the Crux asset is
reported in this segment. The Crux field is located in Production
Licence AC/L9 in the Browse Basin, offshore Western Australia. and
the Crux development project, including petroleum retention lease
AC/RL9 in the East Browse Basin, off the coast of North Western
The Exploration segment holds Echuca Shoals gas discovery, which
includes WA-377-P - Browse Basin, Western Australia, and VIC/P54.
The assets in the Exploration segment are in exploration and
AWE Limited (AWE) is
an energy company focused on upstream oil and gas exploration and
The Company’s segments include South East Australia, Western
Australia, New Zealand, the United States, Indonesia and Exploration
Western Australia includes production and sale of crude oil, gas and
condensate from the Cliff Head oil project and an oil and gas fields
in the Perth Basin, onshore, Western Australia.
Western Australia |
South Australia |