Metgasco Ltd · ASX:MEL
Metgasco — Investor Presentation (July 2013)
10 slides from Metgasco's investor presentation, Jul 2, 2013
Slide 1: Natural Gas: An environmentally attractive source of energy - Part three
Natural Gas: An environmentally attractive source of energy Part three
Slide 2: Protection of aquifers
Protection of aquifers Tertiary to Recent Alluvium & Volcanics 17 ½” Hole 13 3/8” Casing ~20m Grafton Formation Cretaceous Late 12 1/4” Hole 9 5/8” Casing Kangaroo Creek Sandstone ~150m Maclean Sandstone Member 8 1/2” Hole 7” Casing Middle ~500m Walloon Coal Measures 6 1/8” Hole ~600m to 1500m Wel
Slide 3: Aquifers will be protected
Aquifers will be protected CSG activities are managed to avoid damage to water resources Existing Water Bores within 10km of Casino Depths (metres) Number Alluvium 0 to 20 179 Grafton Formation 20 to 100 272 Kangaroo Creek 100 to 450 8 Walloon Coal Measures 450 to 680 None Unknown 9 Total 468 Inde
Slide 4: CSG activities have not damaged aquifers – NSW
CSG activities have not damaged aquifers – NSW Parliamentary Inquiry Comments from key NSW Government officials during Parliamentary Inquiry into CSG, December 2011: The Hon. Dr Peter Phelps MLC Mr Harris, welcome to the Committee. As a water expert, presumably you keep abreast of matters in relatio
Slide 5: CSG activities have not damaged aquifers – NSW Parliamentary Inquiry (con't)
CSG activities have not damaged aquifers – NSW Parliamentary Inquiry (con’t) The Hon. Rick Colless MLC You obviously would have heard all the concerns that have been expressed by a number of different organisations about the potential deleterious ramifications of the coal seam gas industry generally
Slide 6: CSG activities have not damaged aquifers – Namoi Catchment Study
CSG activities have not damaged aquifers – Namoi Catchment Study – July/August 2012 Second major Australian study to show that CSG will have only a minor impact on water Key points: No harmful impact in water from CSG development in the Namoi Catchment Various scenarios show a very minor imp
Slide 7: CSG activities have not damaged aquifers – Queensland
CSG activities have not damaged aquifers – Queensland experience Extract from Media Release issued by the Queensland Minister for the Environment, 15 September 2011 The Hon Vicky Darling MP Minister for the Environment ‘Ms Darling also told today’s forum that monitoring of nearly 200 groundwater bor
Slide 8: Produced water is salty, not toxic
Produced water is salty, not toxic To extract gas, water is removed from the coal seam. It is not toxic and its use is closely regulated Produced water analysis shows that waste water is 1/10th salt content of sea water and close to drinking water standard Metgasco publicly released water data
Slide 9: How is produced water managed?
How is produced water managed? Salty water is pumped from the coal seam to allow gas to be produced. The volume of water declines over field life. Metgasco’s water rates are lower and water quality is better than many other coal seam gas areas. Water is initially stored in holding ponds, befor
Slide 10: CSG water – fact v fiction
CSG water – fact v fiction Page 10