News

NSW Government puts freeze on CSG licenses

THE NSW Government is putting a freeze on all new CSG exploration licenses, as well as conducting an audit of existing ones.
THE NSW Government is putting a freeze on all new CSG exploration licenses, as well as conducting an audit of existing ones. Doug Eaton

THE NSW Government is putting a freeze on all new CSG exploration licenses, as well as conducting an audit of existing ones.

Resources and Energy Minister Anthony Roberts told" speculators or cowboys" they need not apply.

The announcement comes after the government rejected five PELAs (Petroleum Exploration Licence Applications) from Grainger Energy, covering 43,100 square kilometres in the Riverina region.

"Grainger Energy has one owner/director, was formed just six days prior to lodging its application, has no history of conducting petroleum exploration activities and has submitted a manifestly deficient application," Mr Roberts said.

They have also issued a 'Show Cause' notice to Leichhardt Resources, asking why there three PELs should not be cancelled in the Moree.

Mr Roberts said they have not ruled out cancelling other PELs.

He said a petroleum title may be cancelled on a number of grounds, including contravention of conditions, failure to use the title area in good faith for the purpose for which the title was granted, and for contraventions of the Act.

"It is clear that the PEL application process under the former Labor Government was not up to scratch. In 2002 NSW Labor introduced a PEL application fee of just $1,000. The proponent could then hold a PEL across a large area of land,

which placed unnecessary and understandable stress across communities," he said.

Mr Roberts announced fees will now rise to $50,000 and said his government has put in place the most comprehensive regulations for the CSG industry in the country.

Topics:  coal seam gas, csg, nsw government




Car crashes into shops in main street of village

A car has crashed into shops in the main street of Bangalow.

The driver has fled, but shops have been significantly damaged

Opinion: Is streaming the way to go?

Online CD and digital music are starting to decrease

Lismore picked to host world-class daredevil show in 2017

Oakes Oval in Lismore will host the sell-out, worldwide phenomenon that is Nitro Circus Live during its 15-city Australian tour in April.

Big boost to local business and big news for BMX fans

Latest deals and offers

Tom Hiddleston's Instagram account hacked

Actor Tom Hiddleston

Thor star the latest celebrity targetted by hackers

Charlize Theron's son dresses up as Frozen character

Actor Charlize Theron

Star's son spotted dressed a beloved Frozen character

BOOKS: Food for thought in Caroline Beecham's latest novel

Maggie's Kitchen by Caroline Beecham is published by Allen & Unwin, RRP $29.99.

New novel reminds readers that bravery exists in many forms

TELEVISION: New show is a Survivor, for now

Jonathan LaPaglia hosts the TV series Australian Survivor.

WHAT happens when a new show with a big budget flops?

Rachel Weisz understands celebrity gossip fascination

Actor Rachel Weisz

Weisz says mystery is good for an actor

Gina Rodriguez relished dramatic change for new film

Jane the Virgin lead Gina Rodriguez

TV star shaved her hair for movie role

REVEALED: Pat Rafter's $18m Coast house on the market

Check out the photos of the Coast's most expensive property for sale

The "correction we had to have" in Gladstone's rentals

UPWARD MARCH: The rental vacancy rate in Gladstone has improved for the first time in more than a year, providing a confidence boost in the market.

Vacancy rates improve with signs that things are getting betterF

ISLAND FOR SALE: Cheap Fraser Coast island drops price again

Suna Island in the Great Sandy Strait will be auctioned by Ray White Hervey Bay on Saturday morning.

This is the cheapest island you will find for sale in Australia

How a family home can fit on a 250sq m block

This is what you can build on 250m2.

Here's the floor plan of a home built on 250sq m

Investors eye Gladstone's $4m island with resort approval

UP FOR SALE: Turtle Island is on the market.

CHINESE and Sydney investors flag interest in Gladstone island.

Take a sneak peek at this $19m Whitsunday mansion

Mandalay House features a private helipad.

Mandalay is currently on the market with an asking price of $19m