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South Australian oil and gas major Santos faces court action in NSW over Eastern Star's reporting breaches

June 13, 2013 9:05AM

SANTOS has acknowledged proceedings issued against it by the New South Wales government in relation to past reporting failures related to coal seam gas operations.

The operations in the Pilliga Forest in north-west NSW were previously owned and operated by Eastern Star, which Santos took over in November 2011.

"The facilities in the Pilliga were shut down soon after the acquisition because they were found not to meet Santos' standards," Santos said in a statement to the Australian Securities Exchange after market close yesterday.

"Santos has worked closely with NSW regulators to identify and correct Eastern Star's previous practices and reporting processes."

Santos said it submitted a detailed report from a review in February last year, which highlighted the failures, and has since committed more than $17 million to remediation works.

"Santos has always made clear that the rehabilitation of small impacted areas of the Pilliga Forest will be addressed prior to our investment in a safe, sustainable project that could deliver in excess of 25 per cent of NSW's gas needs."

The NSW government claims Eastern Star failed to notify many breaches, including a spill of untreated water and failed to lodge environmental management reports.

It said proceedings are being taken against Santos because it took over Eastern Star.

http://www.adelaidenow.com.au/business/sa-business-journal/south-australian-oil-and-gas-major-santos-faces-court-action-in-nsw-over-eastern-stars-reporting-breaches/story-e6fredel-1226662952644


Thans TobyJack