Dart Energy holds seven CSG licences in New South Wales, covering over 23,000 sq km, with an independently certified prospective gas resource of approximately 19 TCf.

The agreement between Dart Energy and Clarke Energy is for an initial term of three years.

In the near-term, Dart Energy and Clarke Energy will be focussing their combined efforts on two specific types of projects:

  • Small (1 – 8 MW), highly efficient, reliable, environmentally friendly co-and tri-gen integrated gas to power solutions for industrial and other customers. Dart Energy’s PELs 458 and 463 will be utilised for these projects; and,
  • Integrated, mid-scale grid-connected (up to approximately 30 MW) gas to power solutions. Dart Energy’s PELs 458, 456 and 460 will be utilised for these projects.

Dart Energy is targeting first gas sales and initial cashflows from the proposed New South Wales projects by the end 2013.