MARKETS

Bandanna receives Springsure Creek objections

BANDANNA Energy has received three objections in relation to its Springsure Creek longwall coal p...

Lou Caruana

One objection was lodged on behalf of a community group, one from a directly affected Queensland landowner and the other from a landowner located remote from the project area.

Bandanna Energy is reviewing the objections to determine the nature of the issues raised and any potential impact on the timing of final project approvals, the company said.

“In addition, Bandanna Energy is continuing to engage with the objectors to understand and address their issues,” it said.

“It is noted that Bandanna Energy has secured consent from the substantial majority of directly affected landowners and believes this support demonstrates a clear indication of the benefits generated from the project and its ability to coexist with local farming.”

Bandanna Energy MD Michael Gray said he was confident that the comprehensive environmental impact assessment process that commenced in October 2010 fully assessed all environmental impacts of the project and concluded that there were no negative impacts that could not be satisfactorily managed or mitigated.

The Queensland government’s approval of the environmental impact statement in November supported this conclusion, he said.

“Bandanna Energy had worked tirelessly throughout the past three- and-a-half-year approvals process to demonstrate the overwhelming benefits of the project and has undertaken a substantial amount of work with local landowners and the local community,” he said.

“The timing of commencement of construction and first production from the Springsure Creek Project is dependent upon the timing of the finalisation of project approvals. Bandanna will keep all stakeholders informed about the progress of these processes.”

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