Ann: Trading Halt, page-21

Perhaps a coincidence but intense lobbying is underway here in the central Australia for acceptance of an expanded program of fracking. Colin Cruickshank, General Manager of Unconventional Resources & Exploration of Santos addressed the Alice Springs Town Council a couple of days ago with the message that fracking can play a critical role in making the Northern Territory one of the world’s largest natural gas exporters, unlocking an estimated 240 trillion cubic feet of gas, 10 times more than the Ichthys project and Mereenie combined. This much cleaner energy source would replace the need for 30 million tonnes of coal. If – as expected – significant deposits will be found in The Centre, hundreds of jobs would be created in Alice Springs, to be filled preferably with locals and engaging a string of local suppliers and tradies. Fly-in, fly-out is not a preferred option. Fracking has been around world-wide for 60 years, 50 in Australia, and is currently under way west and north-east of Alice Springs.



http://www.alicespringsnews.com.au/2014/07/29/fracking-key-to-immense-nt-resource-wealth-santos/