Solid Energy identifies fourfold increase in Taranaki coal seam gas reserves

Thu, 31 May 2012

By Pattrick Smellie May 31 (BusinessDesk) - State-owned coal miner Solid Energy's estimate of potentially recoverable coal seam gas reserves in its onshore Taranaki permit areas has identified a fourfold increase and will see the company concentrate its CSG activities there. However, its general manager of gas developments, Steven Pearce, says the company expects to use conventional directional drilling to extract difficult-to-access gas reserves, rather than using the controversial hydraulic fracturing technology known as fracking. While C...

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