Keith Pitt, minister for resources, water and Northern Australia
Australia extends Beetaloo exploration grant period
The government will provide the cash to explorers for a further six months
Australia’s A$50mn ($38.9mn) Beetaloo Cooperative Drilling Program will now provide grants to gas companies for exploration “that occurs before 30 December 2022”. Previously, the grant programme deadline was 30 June 2022, which the government said would bring development in the basin forward by around two years. “The programme is expected to deliver approximately ten additional exploration wells in the Beetaloo by 2022, and bring forward at least $150 million of private investment from companies”, says Keith Pitt, minister for resources, water and Northern Australia. “These grants are a key component of our government’s agenda to bring gas from this world class resource into the market by at
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