Gas exploration update:
Gas and Condensate Discovery
ERM Gas extends ERM’s emerging role as an integrated national energy supplier. ERM Gas Pty Ltd was initially established in 2007 to secure and manage major gas supply and transport contracts for power generation projects.
ERM Gas has since built a highly experienced commercial and technical team with expertise in all aspects of the gas value chain. The total value of the long-term contracts ERM Gas has negotiated and implemented exceeds $200 million per annum.
ERM Gas has also moved upstream and acquired prospective greenfield and farmin (an arrangement where the company buys in or acquires an interest in a lease owned by another operator) acreage, for long-term growth in gas fuel supply, to allow an increased operation of generation assets.
ERM Gas has a strong focus on research-led exploration. We have secured an exploration footprint in Western Australia, where we have farmed into conventional gas, coal seam gas, and oil exploration. We have also successfully bid for exploration acreage in our own right.
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