Eastern Star Gas (ESG) is an ASX listed company focused on the development of Coal Seam Gas (CSG) in Northern NSW for the NSW and potentially Eastern Australian and international LNG markets. The company booked its first independently certified CSG reserves in late 2007 and has entered into key Memorandums of Understanding to supply gas for use in NSW based electricity generation.
ESG’s present, primary focus is on the CSG resource of the Gunnedah Basin in NSW. ESG holds a 65% interest in the Narrabri Coal Seam Gas Project, located in PEL 238 adjacent to the township of Narrabri.
As Operator of PEL238 ESG is conducting a 20 well corehole exploration and appraisal programme during 2008/09. In addition, 4 multi-lateral production pilot wells will be completed at Bibblewindi and Dewhurst. This programme is expected to generate additional reserves to underwrite gas sales agreements and provide gas to the Wilga Park Power Station which is undergoing expansion to take production pilot gas.
This section contains further information on:
Company history
Significance of CSG
CSG basics
History of CSG market development
Company history
Foundation and early development more>>
The significance of CSG
CSG is a key component of Eastern Australia's energy supply... more>>
CSG 'basics'
All you need to know about CSG more>>
History of CSG market development
The first attempts to develop CSG projects in Australia began in the late 1980s... more>>
ESG videos
View videos of interest from our video archive click here>>
2008 Annual Report
Download the 2008 Annual Report click here>>
