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1.Market Observations, 8.Was Sticky

28 Nov 2016 (AFR) – Exploration drought stokes gas shortage fears

(28 November 2016, AFR, p18, by Angela Macdonald-Smith)

‘Western Australia is likely to see no onshore exploration wells drilled this year, while offshore drilling also has slumped, fuelling fears of gas shortages on the west as well as the east coast The problem appears most severe in WA, but applies nationwide as some states become off-limits due to drilling bans and weak commodity prices, regulatory hurdles and stretched balance sheets crimp exploration, said Bill Tinapple, a former top oil and gas bureaucrat in WA.’

Read more at (might need AFR login access, or try:


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