Marine Park Poses Hurdle for Australia's Halladale and Black Watch Gas Projects

PERTH, AUSTRALIA--April 9, 2014--Researched by Industrial Info Resources Australia (Perth, Australia)--Theoretically, the Halladale and Black Watch gas fields in Victoria's Otway Basin should be easy to develop. They lie approximately 5 kilometers (3.1 miles) offshore and up to 2,000 meters (6,560 feet) below the sea floor, in one of Australia's oldest and most developed gas regions. However, their proximity to the Bay of Islands Coastal Park (BICP) has presented a significant hurdle in their development.