Eastern Gas Corporation Limited confirmed 10th March that, following a successful and over subscribed IPO, the Company is now in the final stages of preparation to commence near-term appraisal drilling at their Project Venus coal seam gas project.
Project Venus lies in ATP2051 in the Surat Basin, Queensland. The permit sits within the Walloon -scale gas developments operated by Shell, APLNG Santos and Senex. These projects supply gas to both domestic and export markets via the Wallumbilla gas hub.