On 23 July 2019, Australia Pacific LNG Pty Ltd (APLNG) was awarded a production licence over the Reedy Creek coalbed methane (CBM) project in the Taroom Trough, Bowen-Surat Basin. Licence PL 412 covers an area of 150 sq km and is valid for a period of 30 years. The licence will expire on 22 July 2049.  The APLNG joint venture, comprising Origin Energy, ConocoPhillips and China Petrochemical Corp (Sinopec) commenced a phase of development drilling at Reedy Creek in neighbouring licence PL 404 during 2017.Â  The field was discovered in February 2009 and has been producing since 2014. To date, 11 CBM wells have been drilled in the PL 412 permit area, including Reedy Creek and Lucky Gully wells.  To make room for the new PL, one of the three blocks of ATP 606-P has been relinquished. The exploration permit continues to cover two areas: one between the Spring Gully and Lacerta fields and the other over the Wubagul discovery. ATP 606-P has been reduced in area by approximately 45%, from 322 to 172 sq km but once covered over 14,000 sq km upon first being awarded on 28 October 1994.  PL 412, which covers an area of 150 sq km, was awarded on 22 July 2019.Â  Australia Pacific LNG Pty Ltd hold 100% interest and operates the licence.
Australia Pacific LNG Pty Ltd (APLNG) was awarded a production licence over the Reedy Creek coalbed methane (CBM) project in the Taroom Trough, Bowen-Surat Basin.