Traditional Owners give thumbs up to Beetaloo NT gas sale
The company recently changed its name from Empire Energy to Beetaloo Energy in a nod to the vast gas basin in which it operates and to reflect the company's determination to become the next big onshore gas producer in Australia.
In a landmark on-country meeting concluded yesterday, representatives of the Mambaliya Rrumburriya Wuyaliya Aboriginal Land Trust, who are the custodians of the land covering Beetaloo's grounds, gave their official consent for the 'beneficial use of gas'.
The meeting, organised by the Northern Land Council, was held according to the Territory's land rights laws and the company's existing exploration deed, through its wholly owned subsidiary Imperial Oil & Gas.
'We are grateful to Traditional Owners for their decision to continue driving the project forward.'
Under the NT's Petroleum Act, the Traditional Owners' consent has now cleared a critical regulatory and cultural hurdle, allowing Beetaloo to monetise gas produced during the appraisal phase of exploration before full-scale production begins.
Beetaloo Energy managing director Alex Underwood said: ' We are grateful to Traditional Owners for their decision to continue driving the project forward. Beetaloo Energy is deeply committed to working with landowners and local communities to share the economic and social benefits that are already accruing and will continue to accrue from the ongoing exploration and appraisal of the project.'
A formal agreement on a package of benefits for Traditional Owners is still being inked, the company says its collaborative discussions with a committee of Traditional Owners and the Northern Land Council are bearing fruit.
When agreed, the final deal will be written up under the framework laid out by the Land Rights Act.
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