Sustainability in the oil and gas industry - respect and care for the environment
As an Australian oil and gas company, Central Petroleum takes its responsibilities to environmental sustainability, landowners and cultural heritage very seriously – we operate in some of Australia’s most scenic and pristine environments, rich in indigenous culture with diverse flora and fauna.
As custodians of the land on which we operate, we aim to uphold the highest environmental standards and leave the smallest footprint, so when we finish extracting unseen resources from far beneath the surface, the land will be just as we found it, for future generations to enjoy.
Our operations are conducted under comprehensive government-approved Environmental Management Plans (EMP) comply with all relevant Commonwealth and State legislation. These detail the way in which we responsibly and actively manage waste, water resources, air emissions, land disturbance and rehabilitation, soil and flora/fauna conservation. The EMPs also include our strategies to control pest and weeds, along with bushfire prevention. Our proactive approach to environmental protection is to prevent incidences occurring.
As demonstration of care for land and resources, we apply safe and industry-leading practices to all of our activities and we seek full approvals before undertaking work, explain our processes to local stakeholders, and report on our environmental performance.
Our sites are visited regularly for inspections by multiple regulatory agencies to monitor environmental conditions associated with our operations and drilling programs. These visits and inspections complement our own internal monitoring and assurance programs. Audit of compliance with our environmental conditions outlined in the various EMPs over the course of the 2022 financial year identified over 99% compliance .
No fracture stimulation (fracking) activities are conducted in our production or exploration areas.
Prospecting for non-hydrocarbon resources: Helium and Hydrogen
Central’s Amadeus Basin tenements are also prospective for other high-value, non-hydrocarbon gases such as Helium and Hydrogen. Radiogenic basement rocks and an evaporitic sealing unit have created the ideal conditions for a Helium and Hydrogen play in the sub-salt section of the Amadeus Basin.
The Mt Kitty-1 well recorded gas composition including 9% Helium and 11% Hydrogen. Helium has also been measured at the Magee-1 and Dukas-1 wells.
Central views the opportunity to discover and commercially produce these high-value non-hydrocarbon gasses as a growing and important aspect of our exploration and business development strategies.
Three exploration wells are planned from late 2023 to further investigate the existence of helium and hydrogen in the Amadeus Basin.