Empire Oil & Gas managing director Craig Marshall says its company-transforming Gingin gas field development remains on track despite the company missing a self-imposed deadline to finalise the purchase of the land where the processing plant is to be built.
An access dispute with the landowners was due to go to court this week. Empire announced last week it had agreed to buy the land on which it plans to build a processing plant for its Red Gully project, which will supply gas to Alcoa under a deal worth $25 million. At the time Mr Marshall said the final documents would be finalised by Monday of this week.
Mr Marshall said yesterday a binding agreement with landowners had been reached but the parties were yet to sign off on the finer details. He said the final documents had not yet been signed.
_WestBusiness _ understands Empire needs to finalise the land deal by late June or place at risk a Department of Mines and Petroleum offer for a licence for a pipeline linking the Red Gully plant with the Dampier-to-Bunbury pipeline.
West Australian
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