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QueenslanddzԹs gas exploration potential

World dzԹ,


The recent release of petroleum and gas exploration acreage by the Queensland government could have considerable long-term economic benefits. According to the APPEA, this could boost the statedzԹs reputation as an investment destination.

The government has announced the release of 16 400 km2 of land in QueenslanddzԹs north-west and south-west through a non-competitive tender process.

Develop resources

APPEA Chief Operating Officer Eastern Australia, Paul Fennelly, commented: dzԹThe Queensland Government continues to establish plans that will allow the next generation of the statedzԹs resources to be developed.

dzԹIt clearly recognises that petroleum and gas production is underpinned by exploration that can potentially attract further investment, generate prosperity and create jobs.

QueenslanddzԹs economy

dzԹGrowth need not be achieved at the expense of the environment. QueenslanddzԹs existing legislative and strict regulatory framework provides certainty for all stakeholders dzԹ the gas sector, landholders, communities and government dzԹ highlighting what can be achieved when all stakeholders work together towards the shared goal of growing QueenslanddzԹs economy.

dzԹA strong resource exploration sector is the backbone of the petroleum industry.dzԹ

Adapted from press release by

Read the article online at: /business-news/04042014/queensland_gas_exploration_potential_128/

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