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Metgasco drops NSW drilling ambitions in return for $25m

Geoff Winestock and Angela Macdonald-Smith
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Broadcaster Alan Jones won a battle in his war against coal seam gas when the NSW government caved in to pressure and bought out the last coal-seam gas driller active in the state's sensitive Northern Rivers region.

The NSW government on Monday said it would pay gas explorer Metgasco $25 million to end drilling in the region.

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    Original URL: https://www.afr.com/companies/energy/metgasco-drops-nsw-drilling-ambitions-in-return-for-25m-20151102-gkodkh