May 14, 2020

New Atlas gas sales deal with CleanCo Queensland

New Atlas gas sales deal with CleanCo Queensland Gas from the Senex Energy Atlas project near Wandoan will fuel Swanbank E power plant.

Senex Energy has secured a further domestic gas sales agreement with power generator CleanCo Queensland to be supplied from its new Atlas project near Wandoan.

Under the one-year agreement, Senex will supply CleanCo with 2.55 PJ of natural gas, commencing January 1 2021.

Atlas gas will fuel Swanbank E, CleanCo’s 385MW gas-fired power station near Ipswich in south-east Queensland.

CleanCo Queensland’s Swanbank E power station.

Initial gas sales to CleanCo – the first from dedicated domestic gas
acreage in Australia – have been made since December 2019.

“Senex is continuing to negotiate gas sales agreements that will support jobs and regional economies as we partner with commercial and industrial customers for long-term and mutually beneficial relationships,” Senex managing director and chief executive officer Ian Davies said.

Senex has drilled 39 wells of the 50-well Atlas campaign, with Atlas gas production continuing to perform strongly at around 14 TJ/day.

Atlas gas production for calendar year 2020 is fully contracted and 2021
expected production is more than 70 per cent contracted.