In short: Asset Energy Pty Ltd says it's committed to a drilling project to extract gas off the NSW coast, despite government opposition.
The Petroleum Exploration Permit 11 (PEP 11) would allow 4500 square kilometres of seabed between Newcastle and Sydney to be searched for natural gas reserves.
What's next? The NSW government will introduce a bill to prohibit seabed petroleum and mineral exploration and recovery in NSW coastal waters.
zero_gravitas in newcastle
Gas producer 'committed' to controversial drilling project despite NSW government opposition
https://www.abc.net.au/news/2024-02-06/gas-producer-stands-firm-drilling-project-government-opposition/103434190