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Grant Award View - GA18212
Tri–Star Fairfields Gas Project
GA ID:
GA18212
Agency:
Department of Industry, Science and Resources
Approval Date:
21-Mar-2018
Publish Date:
9-Aug-2018
Category:
Energy Resources
Grant Term:
29-Jun-2018 to 29-Apr-2020
Value (AUD):
$6,600,000.00
(GST inclusive where applicable)
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
DISR 17/18 Growing Business Investment & Improving Business Capability
Grant Program:
Supporting the Development of New Onshore Gas Supply
Grant Activity:
Tri–Star Fairfields Gas Project
Purpose:
Tri–Star Fairfields Pty Ltd, a wholly owned subsidiary of the Tri–Star Group (Tri–Star), will complete the first stage of the Fairfields Gas Project involving the development of four new wells. The project is located in ATP1079, 50km west of Rolleston, QLD and adjacent to proven gas fields in the Bowen Basin. The Gas Acceleration Program funding will assist Tri–Star to accelerate the development by 2 years, with the project producing up to 3.9TJ/day (4 wells) by 2019. Upon completion of stage one, the gas sales will deliver a cash flow to Tri–Star that will fund the full scale program consisting of up to 500 wells that will deliver an estimated 1,719 PJ over the life of the project.
Internal Reference ID:
GAP66781
Selection Process:
Open Competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
TRI–STAR FAIRFIELDS PTY LTD
Recipient ABN:
72 622 376 176
Grant Recipient Location
Suburb:
BRISBANE
Town/City:
BRISBANE
Postcode:
4001
State/Territory:
QLD
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
QLD
Postcode:
4178
Country:
AUSTRALIA