Meeting to discuss 'fracking'
IT HAS been marketed as a meeting about Clarence's hidden resources but the topic on the agenda is about a resource that many people would like to remain hidden – coal seam gas.
Tonight Metgasco's chief financial officer, Glenda McLoughlin will discuss the company's resource exploration in the Clarence Valley and what it may mean for the future.
With the global push toward more environmentally friendly and sustainable power sources, Metgasco claims it may have a solution.
Significant natural gas reserves have been located during exploration by Metgasco in the Clarence Moreton Basin.
According to Metgasco, the reserves would support a gas-fired power station near Casino and a gas pipeline to link local reserves with energy markets in South East Queensland.
Nationwide concerns about the “fracking” process, or hydraulic fracturing, have arisen over the past few months.
The process involves toxic chemicals including benzene, toluene, ethyl benzene and xylene – known as BTEX – being injected, with water at pressure, though a hole hundreds of metres deep, to crack the rock base below, allowing the natural gas to escape. Farmers and environmentalists have expressed concerns the use of BTEX chemicals could potentially contaminate waterways.
Facilitated by Clarence Ahead, the meeting will be held at the South Grafton Ex Servicemen's Club from 6.30pm.
The cost is $30 per person, which includes a two-course dinner. For ticket inquiries, call Des Plunkett on 66433044.