Hunter Valley: Property sale won't impact CSG project: AGL

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Hunter Valley: Property sale won't impact CSG project: AGL

Postby HVPA_research » Wed Aug 20, 2014 10:33 pm

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Property sale won't impact CSG project: AGL
Posted Tue 19 Aug 2014, 8:07am

CSG exploration will continue in the Hunter despite AGL selling one of its properties. Photo: Coal seam gas exploration work will continue in the Hunter Valley even though AGL Energy has decided to sell one of the properties purchased for the project.

Coal seam gas explorer AGL Energy says it remains committed to its Hunter Valley project despite putting one of its properties up for sale.
The company has commenced a month long expression of interest process for a 85 hectare property on Putty Road Milbrodale.

AGL is currently conducting groundwater monitoring around Broke and Bulga as it considers ways to develop the Hunter Gas Project.
The project is currently monitoring groundwater at 42 bore sites in the Broke and Bulga area

Company spokeswoman Julie Delvecchio says the Milbrodale property is now surplus to AGL's requirements.
"AGL is selling a property in the Hunter but we're 100 per cent behind the project," she said.
"The reasons why we're selling it is we've inherited the property from Sydney Gas in 2009, we don't need it any more and it's just not part of our agricultural plans."

COMMENT: Other AGL properties are located within or intersecting the 2km buffer zone around Broke and Bulga. In the absence of access agreements to other private land these AGL properties would not be of much use.
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