CTP central petroleum limited

of interest, page-2

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    And don't forget about the coming election in the Northern Territory where even the incumbent Minister is admitting that he may not be there to make decision relevant to the area after the election.

    He has admitted concerns about his chances of re-election after the scandal of one of his ministers, which didn't help the situation, and the loss of some of the seats in NT going to Labour with a huge swing to them.

    So, what will be the result in the area of CSG and fracking if the NT will have with a new Labour Government.??

    Here is some more comments in regard to what I wrote above, although coming from a different source the likes of Energy news:

    ""(As expected, the Palmer United Party has been obliterated, and in Queensland its vote seems to have returned to Pauline Hanson’s One Nation.

    One Nation, which could have four Senate spots, is on the record as opposing CSG extraction “until there is substantial evidence that it does not affect people's health, the environment, our farming and water”.

    That could mean yet another inquiry.

    Anti-CSG campaigner Glenn Lazarus appears to have been dumped from the Senate in Queensland, although that probably has more to do with the stink of the PUP debacle than Lazarus’ work over the past few years, despite Lazarus splitting from PUP some time back.

    The Senate is as diverse as ever, and whoever forms government is likely to face an uphill battle passing legislation.

    The Greens appear to have picked up more votes overall and while they may have lost one senator. The party’s Adam Bandt has retained his seat in the House of Representatives, and the Greens are in line to pick up perhaps two more lower house seats if everything goes well for them, giving them potential kingmaker status in the parliament.

    Bandt is likely to be joined by Indi independent Cathy McGowan; maverick Bob Katter, who wants a referendum on independence in Queensland; Left-leaning Tasmanian independent Andrew Wilkie; and at least two centrist MPs from the new Nick Xenophon Team Rebekha Sharkie and Andrea Broadfoot.

    Bandt has already ruled out working with the coalition, while Wilkie says if Turnbull is returned as PM his government has “no mandate”.

    Both Labor and the Coalition are neck-and-neck in the lower house, with most pundits saying Turnbull will struggle to achieve a majority government and is likely to need the aid of independents to cling to power.

    In the Northern Territory, which will go to the polls again in August, it looks increasingly likely that the NT will enact a ban on fracture simulation, jointing Victoria and New South Wales in cracking down on exploration.

    The two NT seats, Lingiari and Solomon, are showing strong swings to the ALP, with the ALP taking almost 60% of the vote with both coalition senators looking likely to be dropped.)""
 
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