The business of risk: @adropex on values exposed by Credit Suisse @SantosLtd #Pilliga #csg report

On 3 July Credit Suisse, published a report on the Narrabri Gas Project (NGP). The NGP is a coal seam gas (CSG) operation in the Pillaga State Forest in northwestern NSW, owned and operated by Australian company Santos Ltd. The purpose of the report was: “To assess the risks to the NGP due to the complex environmental and social issues encompassing the history of the project, concerns specific to Narrabri and the NW, and more general issues with CSG particularly in NSW.” The report was compiled after meeting with concerned stakeholder groups including farmers, business owners, irrigators, environmentalists, local councillors, Santos and the heads of major investment funds. Credit Suisse […]