Geodynamics, said Santos Ltd. and Chevron Corp., developers of shale gas projects in central Australia, are interested in becoming customers.
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| Habanero Project Site (Courtesy Geodynamics) |
“Those discussions have commenced,” Geoff Ward, chief executive officer of Brisbane-based Geodynamics, said today in a phone interview. “I’ve spoken to those operators, and they are very positive about acting as initial customers for us. They see the interest in this as a long-term supply resource.”
Geodynamics expects to sign a customer in six months to 12 months, Ward said. The company is also planning to apply for funding from Australia’s A$10 billion ($9.3 billion) Clean Energy Finance Corp. and looking for a new partner after Origin Energy Ltd. withdrew from a joint venture this year, he said.
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