BPH Energy Limited (ASX:BPH) Advent Contributing to Net Zero - Baleen Well Objectives
Advent Contributing to Net Zero - Baleen Well ObjectivesPerth, Feb 9, 2021 AEST (ABN Newswire) - BPH Energy Ltd (
ASX:BPH) (BPH or the Company) has released commentary by its investee company, Advent Energy Ltd (Advent) on recent press coverage.
In commenting on the recent press commentary on plans to explore for gas on the NSW continental shelf David Breeze, Chairman of Advent Energy, affirmed Advent s position on Net Zero and provided detail on the Baleen well drilling objectives saying:- Advent Energy is a strong supporter of plans for Net Zero by 2050 and sees the company playing a direct role in achieving that target, especially in New South Wales. It aims to do this in two ways: First, by finding gas closest to Australia s biggest domestic energy market; gas which can be used to provide reliable back-up for increased uptake of renewable energy in NSW. Second, through its plans