OIL & GAS
The Queensland government has tipped ASX-listed Senex Energy as the preferred tenderer for a petroleum lease in the Surat basin, to supply gas to the domestic market.
Senex has been awarded 58 km2 of tenements in the Surat basin coal seam gas acreage, which hosts an estimated recoverable gas volume of 201 PJ, with about 100 well locations proposed.
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