Examples of Canning Basin in a sentence
The State, the Joint Venturers and the Guarantor are parties to the agreement ratified by the Natural Gas (Canning Basin Joint Venture) Agreement Act 2013 (WA).
The Group is primarily involved in oil and gas exploration and production in the Canning Basin in the Kimberley region of northwest Western Australia.
Fitzroy holds royalty interests in several permits in the Canning Basin originally acquired via 2 separate Royalty Deeds, the Canning Basin Royalty Deed and the Lennard Shelf Royalty Deed.
Specifies that the Act amends the Natural Gas (Canning Basin Joint Venture) Agreement Act 2013 (“Agreement Act”).
The Group has only one reportable geographical segment being the Canning Basin in northwest Western Australia.
The State, the Joint Venturers and the Guarantor are now the parties to the agreement dated 7 November 2012, which agreement was ratified by the Natural Gas (Canning Basin Joint Venture) Agreement Act 2013 (WA), and as varied by agreement dated 1 July 2015 is referred to in this Agreement as the Principal Agreement.
The Fitzroy Blocks are located in the Canning Basin in the northwest of Western Australia (refer Figure 1 below).
Fitzroy’s 8% participating interest in R1 was sold together with various other Canning Basin Assets in 2006.
Figure 1 shows the location of the Company’s Canning Basin royalty interests with the Canning Basin Royalty Deed royalties shown in light blue and the Lennard Shelf Royalty Deed royalties in dark blue.
Figure 1: Map of Tenements over which Fitzroy has a royalty under the Canning Basin and Lennard Shelf Royalty Deeds.