BPH Energy Limited (ASX:BPH) Sydney Basin Gas Features Confirmed
ASX:BPH) highlights the following information provided by its investee company , Advent Energy Ltd.
Advent Energy has further reviewed research reports by the Australian Government Agency Geoscience Australia ( 1). The report extracts below are rom the NSW Continental Slope Survey Post Voyage report ( 2). The report confirmed natural gas features in the Offshore Sydney Basin and identified a series of large pockmarks.
- It is significant that the sediment directly above the largest fault is disturbed and distinctive circular depressions occur in the sea floor. These depressions are likely to be caused by methane gas and fluid from the Permian coal measures escaping along the fault plane.
Federal Government to boost biosecurity, land management and workforce issues for agriculture industry
The Australian government has committed around $850million in funding in an attempt to drive competitiveness, growth and resilience in the agriculture sector.
In the Federal Budget, handed down on Tuesday night, the government announced a Delivering Ag2030 plan, which is aimed at supporting the industry s goal of $100 billion farmgate value by 2030.
Among the measures of the plan: $400.1 million to strengthen biosecurity, $32.1 million to extend opportunities to reward farmers for the stewardship of their land, $29.8 million to grow the agricultural workforce and $129.8 million to deliver a National Soils Strategy, to help improve farm yields and increase productive capacity.
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