Senex Energy secures approval for Project Atlas

Company News

by Rachael Jones

It's full steam ahead for Senex Energy (ASX:SXY) as it has received Queensland Government environmental approval for development of Project Atlas.

The Project Atlas block was awarded to Senex energy by the Queensland Government to deliver gas to domestic customers within two years.

Managing Director and CEO Ian Davies said Senex was delighted to achieve this important milestone.

He says “The Queensland Government’s policy to introduce more natural gas into the domestic market is far sighted, innovative and beneficial for both Australian customers and producers."

Development drilling will start soon and commissioning of the gas facilities by the end of 2019.

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Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.