North Bowen Gas Asset
ATP 688P Heads of Agreement executed with Westside Corporation in May 2020
Four PCA’s granted over the ATP in early 2021 (Westside currently 100% interest)
QADO farm-in to secure up to 60% working interest in the PCA’s
Location is approximately 50km South of Collinsville, QLD
PCA’s are adjacent to the North Queensland Gas Pipeline (NQGP) connecting Moranbah with Townsville
Power Assets
Project feasibility study completed for low emissions 200 MW fast-start gas-fired peaking power station (PPS) in North Queensland
Large-scale battery storage system (BESS) and gas storage are integral to the development
Scoping study underway for integrated hydrogen production pilot to be co-located on PPS site
Project agreements being progressed to achieve first electricity sales in early 2025
